I
see last week I see most of the base metal miners (to include Cameco) all trading
at or close to new 52-week highs.
Some
of the names – Capstone Mining, First Quantum, Hudbay Minerals, Lundin Mining and Teck
Resources. We know there is no exchange traded fund for this small group and we
know the TSX has dropped the Mines & Metals Index – so we need a clone or
proxy to participate
I
note that when I was on BNN Market Call Last June with MDI at $7.01 a said – “This
is basically the canary in the mineshaft for the mining space. The miners have
done really well, so this is the major way to play the recovery and resurgence
of interest in the mining sector.”
Since
then – not one quest has mentioned the name
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