Loading ...I watch a few of the ones that you and deer79 have mentioned. Your Mawson jumped like the day after you bought it but seems to be stuck around $.50. Snowline has been stuck around $4.
I think this sector is pretty foreign to the 30 & 40 something investors and a lot of folks that played in previous years have thrown in the towel. Something I should have done years ago. This is definitely different than it was in 2001 from that perspective, and money has been really slow coming into the whole sector. I guess we can credit the rig for that.
I don’t doubt that these juniors will catch a bid eventually, but we might need to see some big jumps in the metals, a tech and Bitcoin meltdown where pm’s actually go up, something that screams “Buy PM’s!!” Even if we look at the large caps, they are still ridiculously cheap compared to previous runs and not anticipating higher earnings. Royalties have done the best.
Anyhoo, let’s kick in some $100-$200 up days and see what things look like at $4-5K. 🙂