Just to follow on t91, to make a determination that something causes something else you need a blinded experiment. If we could count the Canadians as an appropriate control group then if their market does not go down after the release of the aus tax review, then there is a case for an effect.
The chart below which is the Venture Composite Index from the tsx speaks for itself. We could possibly infer from this that the aus mining tax has had little or no effect on the sp of prospective miners in aus, but I am not that brave.
Perhaps the canucks' are anticipating a similar tax.
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