very simple. Don't buy gold stocks because you believe gold will go to the moon. Treat it as a bonus upside.
Assess how profitable it is as a BUSINESS and forget what commodity it is mining.
It doesn't matter if it mines gold, tin or even tungsten. If the profit flows it will re-rate eventually.
Why would you buy a miner that produces it at 1200$ and sells it at 1400$?
Regardless, i prefer to buy when things are on sale. Sure it might drop.. that is why you don't buy it in one shot!
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
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