LC I agree 100% ANV would be a gamble now.
I am keeping 2 lists both of which are waiting for a confirmation of a bottom or support.
I wouldn't buy anything off my leverage list now, but I want a list of fully DD'ed company's ready to go, should by conscience confirm an upward movement in metals.
The truth is, for the first time in a good while, I'm worried that in light of the illusion that the US economy is in good shape, the dollar will stay strong, and money will move off the goldd fear trade to dollar backed investments, and that this may last longer then I think. Hopefully I am marking the bottom capitulation, as to being from the last die hard group to fear and question my long gold belief. My fear being, Maybe their right for a while and I have dead money for a couple more years.
As to now, there are enough quality low cost producers, with quality assets on fire sale daily, to keep me away from the more risky leverage plays. My dollars are waiting for Dec
