So if investors are looking for safe assets because they want to go to bed rich and wake up rich, is the safer bet to go into a producing company versus an explorer?
BM: You need a mix. The shares that will go up the most are the ones that are apparently the riskiest. There are producing miners that you can do well in, but if you want a real perfect example, look at Kinross Gold Corp. (K:TSX; KGC:NYSE) or Great Basin Gold Ltd. (GBG:TSX; GBG:NYSE.A). Great Basin Gold runs the Hollister mine in Nevada. It's the highest-grade gold mine in the world, but it's losing money. If people are determined, they can always screw it up. The same tenets apply to oil and gas investment.
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