RE: It just amazes me that: NKL aka "... one of the world’s largest undeveloped PGM deposits (NKL/Wellgreen) and currently projected to be one of the largest platinum and palladium producing projects in North America " is trading at 55 cents ...
Just leaves me dumbfounded. Doesn't the investment world know what is here?
My guess is all the money printing is blowing bubbles in the U.S. bond, equity, and housing markets. People see the equity markets are an inflating bubble and when it busts they need to exit quickly. To do that they need to invest in highly liquid issues and that is not junior minors.
Many of the sectors in the S&P are losing money but share prices are climbing. There is a complete disconnect that is clearly saying there is a bubble.