Hows tricks mate ? I hope you are well ? You more then anyone deserve something from here, but are kidding yourself if you think the days of 1p will ever return.. Companies like this, ORE, HER etc shafted us back in the days of 2010 / 11... People will just trade them at these levels, so all rises are shunted with far too many shares in issue, and more to come down the line.. I learnt my lesson back in 2012 with toilet shares like this... Mind you ive not done much better in holding long term companies, but have done ok trading short term... PS I should have about 26000 posts but admin removed them !! :-)
You're mixing up already producing miners with R&D miners like Ortac. The biggies will pick up when the market picks up, but the small ones are a different case.
Mining is struggling due to the high risks involved. Banks that had commodity desks had to pull out of this business because of regulation requirements and liquidity. You don't see that big money flowing into mining and commodities anymore. It's a different world now and can take a considerable period of time to see the effects of a market picking up flow through to small AIM companies.
So with falling gold and silver prices, currently there is a strong divergence between forecasted gold demand and gold price. I see the strengthening dollar as the last party before the bear market starts.
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