Fosterville South Exploration Ltd V.FSX

The Pain is NOT Exclusive to FSX

[crenshaw]

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!