I'm not sure we're comparing apples and apples. The big miners have done okay recently, but the mid-tiers and explorers have done relatively poorly. If I was choosing to invest in one or the other right now, I know which it would be. People will start looking for value once we see a clear path to interest rates falling in the US(2nd quarter of 2024?). Why get 5% in your bank when you can score big elsewhere?
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I'm not sure we're comparing apples and apples. The big miners...
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