Hi Peter, Seems to me this condition is accelerating notwithstanding the big run last year... stocks run less and less as the POG rises...
Kinross being a bit atypical as you say.. seems to me it is really still the same old crowd trading this stuff.. and the gen pop has not really gotten golden yet... methinks Kinross performance is possibly and indication that some were catching on but they have a lot of things to buy before the trickle down effect hits juniors again...
FWIW I'm not a loonie bull.. and think thoughts of par may be overblown since we have not reduced our dependency stateside... I can't see it really as we have taken no great leaps to change our situation...
Also I'm imagining an energy bounce soon :o) wishfull thinking ? I don't expect to stay in te 50$ plus range though... Warm winter may be coming though....
dazed and confused... show mw he error of my ways... :O)