RE: For the naive(longs) and yoyoUnc,
Are you kidding me? LOLOLOLOL. That's your list?!? To prove that other stocks are doing well? I just went halfway through it - here are the results:
AEM - down just 7% from highs this year, basically the only big cap that has not been hit
BHP - down 11% from highs, but moot b/c it is not a Precious Metal stock
BVN - down 20% from highs, and by the way one of the largest metals producers on earth, including far more base than precious metals
EGI - down 33% from highs
THMG.OB - gimme a break, traded between $0.15 and $0.20 all year, now $0.18.
XPL - down 25% from highs
and here's where it gets good:
NAK - down 39% from highs
RBY - down 39% from highs, and was off 50% last week
SIL - down 26% from highs, and BTW the biggest piece of garbage firm in the business. What was their hedge loss this year, more than $1 billion? Considering they are opening the largest incremental silver/lead/zinc mine on earth, this stock has been a complete turd.
FCX - down 17% from highs (and was down 35% last week), and, oh yeah, again this is not a PM stock anymore
OLEPF - down 42% from highs, and was down more than 50% a few weeks ago
GMO - down 33% from highs, and was down more than 50% last week
I won't even bother with the rest. People are too stupid to see how bad this sector has been trashed, starting with the TSX Venture INDEX, which fell 30% this month.
Unc, you officially showed your basher status.