"the market for explorer is the worst I have ever witnessed"
And TF you have, i surmise, MUCH more longevity with investing in these markets than do i, so that's saying something.
Larry stated he thought it was a major buying opportunity right now for junior miners.
Just thought of one more thing which is that he really emphasized at one point how the "clean mining" angle of AMY should bring in a whole lot of new investors to the sector in the future.
Moreover, uncertain political conditions for miners in many regions-- namely, the "country risk" of nationalization of mines or excessive taxes/royalties in places like S.America and Indonesia--make USA and Canada by far the safest jurisdictions. And yet b/c of the environmental requirements it will be more expensive mining here. However, the longterm payoff should more than compensate for the bigger upfront costs in Capex and Opex to run a clean mining biz.
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