Micro Miners / Explorers
NO Interest in these god forsaken things
Volume is still pathetic to non existent
No froth in the sector at all.
For now
NO Interest in these god forsaken things
Volume is still pathetic to non existent
No froth in the sector at all.
For now
Buckle up Fully,
Gold ATH in CDN is just a a couple up days away, then some new capital should come our way !!
I agree, for now its pathetic
Winedoc
Your early winedoc
🙂
PZG is doing OK…
I know this has nothing to do with the juniors, but check out GDX volume yesterday. Pretty massive I would say.
Was pretty much the case even during the end of our last bull spike. This is going to be years of building this new bull market if we are truly at that point. I’m liking the ETF’s for now & the royalty companies.
The gold/silver ratio has been a reliable indicator of credit conditions in PM sector. When credit condition improves means miner funding for their projects GSR will decline .
Speculation will increase and rocks will rock.
patience is warranted.
Patience for 3 years now…more patience ?
Baaaaaa
Rocks only fly if you toss them…Eh?
I wish it were entirely true. It is true that with a move up the money will tend to go to the royalty companies, the big producers, the smaller producers, then the big explorecos, then the teenie-tinies, then the zero-zeroes with nothing but hot dirty air. Yes, it is partially true. I am still having a hard time selling some of the more horrible leftover penny stocks for a few pennies rather than less than a few pennies. Trouble getting certain sell orders filled, still.
Yet even well before the big move up I was having a hard time getting buy orders filled at decent prices for some explorers and developers. Even though volumes weren’t high, the prices for many have overall tended to inch up for half a year or more without much volume. Now it’s worse. Some of them have had pretty large volumes and pretty large moves. I don’t particularly want to be accused of touting my minuscule ‘book’. Nor do I want to mislead anyone. Perhaps I still might want to get a bit more of 1 or 2 if they back down to their moving averages, so I don’t need competition. So I will refrain from giving examples. You can look around though. Some have jumped fast and hard with fairly enthusiastic volume.
Little or no froth, but there is ample volume in places.