John Doody on Gold Stocks

Doody writes the Gold Stock Analyst. Discusses looking for miners HERE which;

• Are proven producers or are very near commencing production (avoid unproven exploration plays)
• Have big existing cash flows or are projected to grow their cash flows quickly in the next few years
• Compare favorably to their peer group on the following ratios:
  • market cap/ounce in reserves
  • market cap/cash flow
  • net margin
• Do not dilute their share base (this has been a huge problem in past years)
• Report an "all-in cash-cost" in their accounting. $900 or less is desired.