Loading ...Looks like they can in the premarket. NEM, GOLD & AEM all up 1-2%
Ipso – you mentioned some frustration with the juniors in here. Do you think the higher rates and tighter financial conditions the juniors are at risk of funding and the cost of funding?
If they are not producing, the cost of exploration increases along with the costs of financing weigh on earnings. I have to tell you that you do a helluva job with the juniors, I’ve sat on big losses, or through bankruptcy a few times. I dumped my GROY here at the bottom and that is the last junior I have around $2. I do have BTG but I don’t really consider that as risky as some of the other cheap stocks. I’m at the point and age where I’m not willing to take the risk. I do still have a few penny stocks in the retirement, but for trading or holding I’m just in the large caps.