Price divergence(s)

I compared the performance of two indices (Junior Gold and Copper Miner) and the copper/gold price with that of HMX over the last 12 months. Of course there is no 1:1 logic - but somehow the junior sector seems to have been rather neglected.

Generally and specifically.

That will have to change. I expect the drilling results from Yandal next week. The Quarterly Activitites Report is also due towards the end of April - perhaps that will provide an insight or two. Further drillings will follow in May.

I am sure that in view of the developments on the commodity markets, the focus of the drillings for the rest of the year will be on copper and gold. Presumably an intelligent balance of both. That would be good. Where is HMX active? Copper & gold.

Personally, I think HMX SP is certainly 50% undervalued - already. Good results and further progress would then certainly justify an even higher SP.

But the whole market is currently asleep. Gold will probably have to rise to USD 3000 and copper to USD/lb 6.00 before Snow White wakes up from her slumber..... DYOR.