thanks for the link this kinda says it all for that country...

thanks for the link

this kinda says it all for that country

Snippets from @Denko link

"In 2010, the mining sector made up 25 per cent of the total value of the Toronto Stock Exchange and the TSX Venture Exchange, more than any other industry.

That year, junior miners on the Venture Exchange were able to raise $5.3-billion to fund their exploration and development projects. As of October, they had raised less than half of that, and the sector’s composition of the total TSX has fallen to 13 per cent."

"While financings for all sectors are slow this year because investors are recalibrating after the COVID-19 pandemic tech bubble popped, mining has lost its lustre in the Canadian market.

There are fewer investment banks providing research coverage of up-and-coming mining companies, and fewer investment advisers paying attention to the sector.

When a junior company tries to raise money, there just aren’t as many people willing to listen to the sales pitch.

The struggle to finance terrifies politicians and diplomats because Canada and the United States are losing the global critical minerals war. “Simply put, we don’t have enough of these minerals today to meet the world’s – and our own – growing demand,” David Cohen, the U.S. ambassador to Canada, said in an October speech."