Quote:
Originally Posted by Komatiite
All my favourite junior explorers are still nursing a hangover in the gutter.
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I would get really nervous about investing in junior minors, they don't really seem to have anything to back up their share price except the expectation they will get something into production. (that's the payoff - if you know beforehand, whats going on internally)
Even ETF's (leveraged / inverse) are scary too, but at least they are designed around an underlying commodity (or financial assets related to), gold/oil etc, etc -
TSX Got Rocked Yesterday
http://ca.reuters.com/article/busine...0SK1C520151026
My financials also took a hit, but I don't care I want the price to get beat down so I can buy some more shares before the end of the week.