I appreciate hearing your thoughts regarding AUC... their...

I appreciate hearing your thoughts regarding AUC... their announcement today was very good and it seems they're well on their way of proving up 2m+ ounces, so it's an easy one to accumulate at these levels.

In regards to this comment above:

"even at current prices, it's still an extremely profitable market for producers. They are making record profits and making money hand over fist.Which is why you should allocate some of your investments to near term miners if you plan on having a longer term position. The free cash flow they are going to be able to generate will see them being able to take the company places in the future."

This is exactly why I doubled down on AIS after they acquired Cracow, in which they're aiming to produce around 75K ounces of gold this financial year. I see them having tremendous tax free cash flow which will have them clear of debt early next year and put them in a strong position to start making acquisitions to further build the company for the long term. Plus, their MD is very very good, almost as good as Zeff

I'm an AIS holder and therefore have my bias, but have you considered AIS to see if it meets your 3:1 investment requirements (and is a company that is currently producing with a strong profit margin - 50% of their gold production and 75% of copper is currently hedged)?