Just don't get it....How come, lets say, tech stocks get a premium for possible future sales/potential/etc when just as speculative of exploration god company in many ways. If you did do a little dd you would know there is "gold in them hills". Explorers will be priced, and should be priced, on their POTENTIAL (including future estimates) just like any other stock in different industries ( you try to tell me RIMM is undervaled? ).
Arm
PS Snooze and loose.....rising interest rates means gold hedge.