The Micro Miner / Explorer Sector
Is Dead !
Completely and utterly dead.
Doesn’t matter what they are mining…they are all dead. Base Metals Lithium Uranium Gold Silver Donkey Dung !
No interest.
Some go up 10% some days but that’s like 1 cent on a 10 cent stock and maybe 100,000 shares ( $10,000 )
Dead ! Deader than an old donkeys donger !
So not good then…
It’s not about scoring the big win, it’s about not backing losers.
99.9% are losers Alex….that’s my point
Are you saying it’s not a bull market then? Oh ok.
To the picture: SIT YOUR ASS DOWN!
Bottoms in !! (hopefully)
DON’T TAKE IT PERSONALLY … I sez to the SECTOR!
PMs and this other stuff just happen to be canaries in the coal mine.
The first areas to sniff out liquidity fountains turning ON.
And the first to sniff out when they cap the gushers. Essentially “junk” mining from a credit ranking standpoint.
See Mish covering Puplava for just the latest warning.