Wednesday, 10 December 2014

Larger Players account for 40% of Exploration Expenditure - SNL

Report from SNL
The top three explorers in 2014 include one copper producer (Antofagasta), a diversified major (Vale), and a major precious
metal producer (Fresnillo)
IKN's take on the positive implications for selected juniors
Long story short what I'm pointing to is nothing more nor less than the revaluation of mineral assets. Now we're at near-zero, up has more chances than down, right? Well, I don't know if I'm right, but a big fat clue would be if some major or even Tier 2 goldie started running with that plan (AEM, perhaps?). If so, it'd be the time to position again into what you believed to be great rocks at low prices before the real money gets there. 

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