Sorry, but on fundamental valuation, all the gold plays seems at bubble valuation to me (with, $6653 per produced ounce on the average for Canadian plays, and even the $2877 per once produced for less speculative US plays), so I simply play the existing or expected boxes. The bubble right now is not just the net but golds as well. Of course, no one knows when the music will stop, so I still plan to play golds as well.
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