still a very risky stock.
most of us who invest in gold do so for protection in uncertain times or the chance to make big dollars if we believe those bad times are getting nearer.
a repeat of the 07/08 crash will probably have the same consequences where not only does everything get sold off but all debt doesn't get rolled over. so anybody that is carrying debt, liabilities or over leveraged will go under. so if you believe gold is going higher soon then best you stay out of stocks that are carrying too much debt, especially those with a 9mil market cap.
then again you could get your timing right and make a bundle but I'd prefer to be kicking myself for missing out than banging my head against a wall for getting caught.
KBL Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
