RE:Sometimes in life you just have to take your lumps...I prefer to have a low grade 5-10 millions onces deposit with potential higher grade under 100% financed by a partner than a small high grade deposit of 500k onces struggling to finance..
I am not worried about higher fuel cost. Inflation will only bring higher gold price anyway. Worst case in QC they have cheap electricity.
My other plays are performing very well also!! I will advise the ''little guy'' like he says to not put all at the same place. There is so many good potential in this Gold run that you should not risk everything at the same place. If you have 25k to invest in gold junior.. ( hopefully this is not all your money ) I would take 4-5 good bet instead of just one. I agree Lab has some potential and I own it too but... Manage your risk.. and not only in Gold... Too many good commodties to ignore and diversify.. Gold, Silver, Copper, Nickel, Uranium, Oil. etc. As he mentionned, oil is going up so I am doing money there too!!! ;)
I am approx 75% invested into different commodities and not all at the same place. If you believe in gold going up you have to believe into other commodities too. Inflation is not created out of thin air.. Cannot afford to lose all my money on a single bet! You can also listen to some guru here.. Yeah some are only here to pump their stocks to dump or create fear to buy ( or even short ). Be careful who you listen to.
Cheers, GLTA