Captain,
The article that you posted mentions lots of compelling reasons to own PM stocks.
My portfolio is, unfortunately, littered with mostly junior explorers, who have to continually issue more and more shares ( usually in “private placements”) because drilling is very expensive. I understand that it takes time ( and sometimes a bit of luck) for these companies to successfully determine what they have, and then make that transition to a producer.
But if these values are so compelling, why is it that we haven’t seen some ( or any for that matter; especially as Gold & Silver have climbed much higher) mergers and or straight out acquisitions??
Today seems to fall into the old pattern that if the shares lag, a good old fashioned a** whooping is right around the corner……
I know that you’re trying to be helpful by posting these articles, but I’ve been waiting for some 18+ years for these little guys to really take off. My patience has worn very very thin…..
