Brigus Gold Corp. (BRD)

[gharma]

That was a good move (even earlier would have been better too). The exploration companies with very interesting assets (i.e. still able to raise capital) have finally also been slaughtered (PVG, SA, CSI for examples). When a company can be near to a production move on a world-class deposit and still get trashed show how strong this down-turn is. I keep pondering over the potential for similarities to how the PM equities bottomed before the general equities hit the wall in the liquidity freeze-up, aka 2007/8 ff, even though we have not yet seen the wild, large swings up and down in the general market (DOW) as presaged that cliff jump.
It is time for a careful mix of very selected buying, willing to avg down with new bottoms, and playing the cash is king and keep powder ready, as there are certainly bargains out there today but how much better will the bargins get?