<Anyway, what really counts is that discovery can be made at any times. And when a junior put the drill bit in a 3M ounces gold deposit or more, it doesn't matter too much what gold is doing.>
Claude, I agree. I think this is the best environment the junior explorers have experienced in 2004. It seems to me that sentiment towards the gold sector is turning more positive. It also helps when gold closes at $435 near 16 year highs while the US dollar continues its decline.
Many junior explorers are in the midst of aggressive drilling programs and have results and news pending. There should be a flow of news from "Ormetal" companies like XRC, CKG, ABS, VYE, NL, (I could go on and on) during the next two months.
We aren't quite out of the woods yet as you say, and I agree, the current environment may warrant some strong moves for the juniors if they receive positive news.
That was a good call on EPM.U. Now why won't ANO.U do the same thing on no news?! <g>
BTW, I just happened to see your article at Kitco.com. Congratulations! I didn't know you published your writings there.
Cheers,
John |
