Bob Moriarty says the following in an audio interview:

"On the gold and silver mining shares, Moriarty told us, “Never in recorded history have gold shares been as cheap to the price of gold and silver as they are today. Basically, the number one requirement in picking a gold stock today is pick someone with a chairman of the board whose heart is beating. The biggest piece of crap useless management drunks and wasteabouts are going to go up ten fold. (8:40).”

Production and pre production stories are Bob’s preference presently, but he still likes exploration stage companies. “When the wind is high enough, even the turkeys fly. You want to pick gold stocks, pick up a dart and throw it at the wall.” They will almost all do well, Bob believes."

http://ceo.ca/bob-moriarty-may-7-2013-audio/

This gives me some renewed hope on AUMN.