That’s kind of what it feels like. The metals have held pretty well but they’re just leaning on the pm shares while the SM goes up every day. Seeing it again today, plus we’re not getting our money’s worth out of the weaker dollar.
At the end of the day, the HUI should be much higher already instead of 5% off the highs.
With this sector it’s always been the shares that hurt ya, always. I’ll take a stab at some here and there, but it’s tough to hold them.
As for NAK, just looks like a raid, unless someone has a beat on how the judge is going to rule. OTOH, given the state of our judicial system these days, it seems judges are for sale to the highest bidder.
