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Having a list of over 500 PM-stocks (and U and COM) to follow … here an oldy (excellon resources- EXN). Sure does not look like a Bull Market to me. At least not yet (being honest and IMO).
Didn’t the PM-bull market started in earnest as from 2016? While EXN made a 10-bagger run (from approx. 1 – 12) but today @ 0.11; a massive decline of 99% (from 2016-top). And this month alone some 50%-ish.
Here is latest news … https://excellonresources.com/news/
Such seems to become an issue going forward for (PM) miners. The difficulty to get financed. Such makes way to only invest in miners which are debt-free and in the right jurisdiction and I do not see Canada fitting such.
IMO.DYODD.
11 cents ?
sheesh
I used to trade that one all the time
Bankrupt
There are a lot of “recent last 12-18 months big time losers” … SVBL … NSRPF
Is there any insane people like me around here that have bought Novo at nowadays price ?
DeGrey is buying lots of Novo shares but since they know that it’s a junk company maybe they are doing this because if a day a bull market will materialize they hope that even junk will go up….otherwise i can’t understand why they are buying this crap
Rising tide lifts all boats?
So not a rising tide?
Maybe I wait until the sector junk starts catching a bid.
https://thewest.com.au/business/public-companies/novo-secures-up-to-35-million-in-de-grey-pilbara-deal-c-11056269
The bid could be this at least for Novo….but it’s a lottery ticket of course.
Like Gold Learner, I follow a slew of juniors/penny miners. If they are sitting on good claims, or getting good drill results, money is flowing like Niagara Falls into them. Private placements, share offerings, Sprott bellying up. Some really terrific gold and silver hits out there if you seek them out.
Cannot help myself – it’s a sickness…