No debt is great but with miners you need to find plays that have solid production and a cheap all in cost to produce. Take MUX this one has nice production but their all in cash cost I think was around 1300 last time I looked. So at the current gold prices they are not doing well. What kind of numbers does VGZ have? I think some of the solid plays right now are GORO, BTG, IAG, AGI, and SAND. BTG's new Fekola mine is really starting to impress and their all in cost is 525-675 per ounce. So even if gold dropped back to 1100 they are still making money.
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