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I've been gradually selling my K holdings and buying the HGU fund.
K would have to be appreciating at twice the average of the major gold equities to match HGU's returns and it just hasn't managed to do that and don't expect it to over the next few months. That may change temporally if the idiots in Ecuador ever mange to live up to their rhetoric (remember the 6 month moratorium). That's why I'll hold on the the warrants in case that ever happens.
