UNTIL......The big operations like Amazon, Apple, WalMart Etc: Stop sucking up all the oxygen. It will be very difficult for upstart / Sunrise catagoreys and companies to gain momentum.
Even Gold flirting with $2,000.00 U.S. can not maintain Corporate stock prices. Even Warren Buffet jumping from the banks to gold still can't help not just the juniors but the intermediate and large gold stocks.. Every time gold drops a % down goes the share prices.
Support for the CBD Universe is even worse
LABS $0.89c CDN
VLNS $2.20 CDN
NEPT $3.52 CDN
Average $2.20 We used to track OILS at 10% of this average so today OILS should have closed at $0.225 c
When they went into production we expected 25% So today should have seen OILS at $0.55c CDN.
So The Industry at large needs a champion to take the charge and start grabbing market share. Maybe NepTune?
Every year juniors do bottom out in August and start to build going into the fall.
The way this is tracking we will be on hold for awhile. CV19 has everything upset, as does the politics in Ottawa and in the U.S.A. Maybe going into December with those things put to bed juniors will start gaining traction.
JMHO