Hrattle me timbers!

I have been buying for the last week!  I do not believe much in the averaging down thing do it once in awhile but it has to be a sound decision not a 'need to get even on a stock' decision!  I have no problem taking a hit!  That said some of these things are ridiculously low!  (Not this one)  What I have been buying has to be.

1. High grade in other words they have to be able to make money at 1100-1200 gold and I mean reasonable money not break even!

2. They need cash

3. They need a major as a partner so they can get cash if needed

4. They need to or expect to have a low capital cost