Real Estate Prices...
As Canada has become a money laundering country for foriegn millionaires, real estate prices have done well in major centers, as have other sectors... One strategy I've considered in past is to determine where mines were opening and re-opening and buy real estate in vicinity. But, of course that can tie up much more capital than simply buying some shares of a growing company. And the potential upside with share prices, if bought early enough, is generally much more significant than real estate. Especially real estate in large centers which probably has come close to it's peak in cycle this year. So that may be in part of what is fueling Juniors these days, smart real estate holders selling near peak, moving to more quiet, rural areas of Canada, buying home bases for much less than big city prices and investing some of the difference in the Junior markets. So, ORX should do well as part of this trend because there's so much more discretionary capital and income out there from even a year or two ago. Let's enjoy the ride...