Loading ...TORONTO (miningweekly.com) – Most middling- to poor-quality juniors have finally been eradicated or left impotent by the downturn, which has enabled investors to back the survivors with greater certainty, head of Kaiser Research John Kaiser told attendees at the newsletter writers’ day during the recent Prospectors and Developers Association of Canada convention. “Almost three-quarters of the companies have been side-lined, marginalised and taken out of the equation,” he said. “The garbage is gone.” “It’s going to be a smaller universe of about 400 or 500 companies, making life easier for us because the remainder will have mutated into something else,” he added. “So now is the best time to get out there and kick some tyres.”
cont. http://www.miningweekly.com/article/juniors-a-safer-bet-as-culling-nears-completion-2016-03-15