Gold stocks should have moved along with price, negative sentiment as well as the newly created Gold ETFs have allowed investors to trade in Gold without actually holding the precious metal.
But as you said we should start to see cash flow into gold explorers with a decent 5 million ounce+ resource and gold miners in production with 3million ounce+ resource.
We just need to sit tight and enjoy the ride.
IMHO Small Cap and Mid Cap Gold Miners will also be keeping an eye on acquisitions of micro caps with a good resource and potential multimillion ounce resource. Once the Micro Cap has done a lot of the hard work building up a maiden gold resource, then they pounce.......will see alot more of this in 2012.
Cheers Nectar
GOA Price at posting:
3.2¢ Sentiment: LT Buy Disclosure: Held