abu or current producer if you are a gold bull, page-52

Difficult to believe sometimes on days like this, but worth reading to remind ourselves why we are in gold stocks.

"We believe that mining shares currently represent a high-leverage bet on the gold price with an extremely attractive risk/return profile. Strong balance sheets, high free cash flows, a substantial increase in margins, low debt levels, and rising dividends all speak in favor of the sector. There are also only a few sectors that are more underweighted by investors. We therefore believe that the current, historically low valuations offer a good opportunity to invest. At this point, we wish
to point out that we regard gold as a currency and thus as a form of saving, whereas we consider gold shares a form of investment."

You can download the pdf at the bottom of the article found on this link.

http://goldsilver.com/news/in-gold-we-trust-2012-edition-the-new-gold-report-from-erstegroup/