Eric Strand from AuAg Funds joins Proactive to talk about gold miners, how they have been reducing debt and how that translates to better returns.
Miners learnt their lesson, he says, after seeing so much criticism for their expansive operations during the previous, 2011, gold bull market.
"They don't spend so much money now", Strand says.
He goes on to say, as a industry miners have 'undervalued, high margins and low debt'.