Moly, The small resource companies will recover when the larger...

  1. 4,030 Posts.
    Moly,

    The small resource companies will recover when the larger resource companies lead in the general market. However, the impact of a new discovery upon a small mineral company is so much greater than that upon a larger miner, that my above statement has to be tempered by the proviso that a new mineral discovery will allow the small company to rise in ANY market.

    I have weathered 16 different down turns and recoveries, and one of the most surprising to us all at the time was the report from Poseidon in 1971 of the discovery of nickel. As you now know ,Poseidon flew so far so fast that it lifted the rest of the mining market in sympathy. Conix
 
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