Certainly a lot of selling and that usually represents opportunity. What's the saying - buy in May and go away?
I've been reading up and trying to get a handle on how the new mining tax will affect juniors and mid-tiers. It's confusing and I can't really see how they're disadvantaged. I think the sell off this week has more to do with noises from China and general uncertainty. Investors hate uncertainty.
It's puzzling when we have very strong prices and a bullish outlook. I don't think it will be a sustained downturn but then, what would I know?
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