http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/29_Stephen_Leeb__If_Europe_Implodes_You_Will_Have_QE_on_Steroids.html

When asked about the mining shares, Leeb replied, “Eventually they are going to get very, very strong. We are still waiting for that period of catch up. There is no doubt the mining shares have been lagging. Basically I think a lot of the financing has dried up and it’s sort of a memory of 2008 where there was no financing for these mining shares.

That’s when people got incredibly rich incidentally when they picked up stocks like Nova Gold at $2. It’s now over $10 and there are many, many like that. So once the liquidity issues in Europe is rectified, I think these mining shares could go through the roof. They are incredibly cheap and it’s becoming harder and harder to produce gold.

"So I think if you really want to make it big in gold, you want to make three or four times what you are going to make in the metal itself, you want to look at these mines. Things like Nova Gold, things like Pretium, which is run by Bob Quartermaine, he’s as good as you get and he could be sitting on an absolutely explosive situation. These are the kinds of stocks that could go from $10 to $100 in 24 months, you just have to be there for that period. These are going to be bull markets that most investors have never seen in their lifetimes.”