Gold has already corrected 30% which is almost on par with the GFC 2008 correction. Summer doldrums have brought Jr prices down but I see less Asks and more Bids which might suggest less and less are willing to sell at these ridiculous valuations. Furthermore I suspect some Jrs are holding off on releasing positive news ATM. Then add a long assay period coming and Beaver Creek happening in Sept. All in all I think there are many potentially positive factors lining up at the same time.

 

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