RE:RE:Looks like a little break here.
I added a little this week, although I believe we are near as high as it can go until the DFS. Why would anyone sell? I am down to 2 stocks in my portfolio, this & CNIKF, I sold all of another junior today. The reason is, I believe in the value of junior miners, but a huge cash crunch is coming soon. 4 stocks make up 26% of the value of the S&P 500, all grossly over valued & much bought on margin. When the reversal comes, & the margin calls commence, it will be a "sell everything scenario", even for those who have no margins to fulfill. I lived through a lot of meltdowns, it is painful lesson each generation must learn the hard way. I wont be selling GENMF even in a meltdown, there is more risk in exiting than staying. But this "it's different this time" is just like the month before all the other financial catastrophes. So some people are definitely taking their profits & parking their cash, even with blue skies ahead for GENMF. I bought in starting at 0.24 last year, so did a lot of people. With the song of Musical Chairs about to end, there aren't many chairs in the room. Inflation has changed the game, yes, & it's about to explode Jimmy Carter style. But even inflation wont save the masses when the correction happens. Long on GENMF.