I am not as overexposed here as some but if I was I would be using the fact that the recent pullback in the PM sector has completely mis-priced many really good companies (that have production and will not need financing) to make a trade.

I have taken a hit on some of my explorers as well but have no hesitation in taking the loss to move up the food chain and rebalance my portfolio.

JMHO

On another note I noticed that Jim Puplava who was also a big Aurelian shareholder added 195,414 shares of Kinross to his portfolio in his 2nd quarter report.
The Kinross offer was made on July 24 after the 2nd quarter ended.

http://www.mffais.com/institutions/1...