Value Microcaps Junior Miners

[dr_airtime]

FYI - for Americans buying $CAD TSX miners

$CAD is most hedged in last 25 years perhaps supporting a bottom here.

http://files.ctctcdn.com/fc828692501/532353fa-3854-4102-b200-aa1c64b18e28.pdf

Makes sense to use your $USD to buy $CAD TSX miners with operations not in Canada, Mexico, New Zealand, Peru, Chile or Australia which all have pseudo-commodity currencies which basically move in tandem.

Basically if $CAD strengthens then those other currencies will move in lockstep too. Relative operating costs in $USD in those countries will also increase too.

African, Asia, certain South American countries are good examples so this favors old favorites like EDV.TO and TGZ.TO come to mind. China Gold CGG.TO is one I might look at this weekend with Yuan devaluation to potentially continue.

Unfortunately the benefit that Canadian based producers this board likes (LSG.TO, SAS.TO, etc.) had with a weakening $CAD could be reversed if $CAD strengthens.

Just my two cents as most board members American so this might not be on your radar.

Sadly, without $80+ oil the days of cheap vacations to the US for us North-of-49ers are numbered.