Defplayer: "Fact: Not many gold stocks have made money for the...

Defplayer: "Fact: Not many gold stocks have made money for the average punter."

How can you say that? Early this year I surveyed only a dozen gold (mostly "juniors")companies looking for one to go into. SLR, TRY, IAU, MUN, DIO etc etc, and all of them have doubled or better. Gold companies (the one's I chanced accross anyway) have been on the whole very very good for the average punter in 2009.

Why has the SP in this AXM fallen so significantly? I'd really like to know because it seems way oversold. Do you happen to know if they are hedged?