Gold Road Anthem ?, page-9

Investors really needed to get set five years ago, probably more. Yet because of the non-creative and deliberate destruction evident in the handling of global monetary/fiscal policy (these banks and governments are all joined at the hip) opportunities for spectacular returns are still on offer. Perhaps not so much at the top end, but around mid-tiers and juniors. Especially juniors which have the potential to become the next mid-tiers. That is where most of the spectacular gains will be seen. Generous dividend payers will do well also because there is nothing to compare them to now that the economy is as good as shot and interest rates will remain stubbornly low for as far as the eye can see.

Gold Road can protect itself and prosper in the coming environment, but only if it is seen as taking the most appropriate and price-accretive measures befitting a company producing highly generative free cash and in accordance with its overall size.