RE:RE:WANNA GET ROCKED? I think the strategy is to buy the defunct mines at reduced cost (reduced gold price) and sell them back to the "producers" when gold price rises. As I understand, alot of producers cut exploration costs first when gold prices dropped, if they didn't just sell the property. Goldmining picks up the properties cheap and as gold price goes up, so the does the vlue of the properties with no or minimal mining costs.
I've made great money here, selling at just over $3 years ago and am back in of rmore. I like the strategy. When gold takes off, this thing goes even farther, hoepfully