Yes numerous factors to consider when investing in the miners. If you have a high risk tolerance then perhaps some of the spec explorers are your go. For those with more of a conservative outlook something like a NCM should hold you in good stead. NCM has an excellent record of adding ounces via exploration and has the size and balance sheet strength to attract institutional support both locally and from OS. If you wanted to lessen the operational risk then perhaps a mix of NCM and physical.
QE 3 is just round the corner and gold at $2k won't be too far away.
