The Pain is NOT Exclusive to FSX Let’s keep things in perspective.
Gold and silver are trading poorly.
They have failed to do much since last summer.
And short term the precious metals are stuck in trading range and could go lower which could take many of these stocks lower still.
Many juniors are near their yearly lows.
Examples:
Reyna Silver
Pure Gold Mining
Gold Mining Inc
Outcrop Gold and Silver
Bear Creek Mining
New Pacific Metals
Alexco Resources
Sabina Gold and Silver
So, although FSX has been trading especially poorly since last summer…not many of the juniors have been doing much. I doubt that even good drill results would do much in this crappy market except on a very short term basis. We need the metals to move higher!