this the the time when it is darkess before the dawn, when there is no way you would jump into any equities.
NOW is the the time to set yourself into Gold equities when it makes no sense.
only stake yourself in to "producers" with no debt, no hedging, spare capacity in there milling, mine life is inportant but this rocket ship might only last a number of years.
current explorers with high reserves who have'nt started production will be gobbled up in M&A from cash rich producers because financing cost or actual financing will be prohibitive.
and beleive the super tax will be watered down and die a slow death...Krudd will be waiting on the polls post budget which will not be that rosie for the milky bar kid.
fandango
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