how low can gold stocks go in gfc2?, page-2

IDC is the wrong play for you then if you think there is a chance for GFC2 to hit.

You should instead be looking at goldies who are fast approaching production and able to snap up the required funds now while the markets are healthier. Even better if they can start production in the near term or have secured funds.

These can ride out the GFC pretty well as they have the funds to get cashflow positive. SP will probably get smashed as well but won't be as bad as those that need to go to market for funds.

You only have to look at IDC's history of capital raising and cash burn rate to understand that they burn through money very fast and need to re-visit the market often.