Gold Jrs What will end-up turning around the gold juniors are going to be some M&A deals within the sector. The Majors are sitting on a boatload of cash, and a lot of JRs are half the price they were this time last year (despite gold being roughly the same).
Here is a good example of what I am referring to regarding M&A within the sector.
https://www.theglobeandmail.com/globe-investor/iamgold-takes-aim-at-the-gold-mining-big-leagues/article2408114/
We are now over 5 months since we have heard anything from California while 3 drills have been turning. It's been over 5 weeks since we last had a Vetas update.
I tried playing with the share price again today to see if the same robot was around. Placed a sell at $1.26 and no sells followed on top of mine for the first time in a long time. This can of course change on a dime, but the same algorithm wasn't active this afternoon. Someone ended up getting my 100 shares.