Jeb Handwerger of Gold Stock Trades believes the junior mining sector is grossly undervalued. He sees the large miners gobbling them up at extremely attractive prices. There are some indications that it has already begun with Yamana Gold’s acquistion of Extorre Gold Mine as the start of a major trend. In addition, there appears to be a trend of rising mining nationalism, which should lead investors to jurisdictions that are politically safe. And of course the junior miners have been in a secular bear market, which has seen their prices decimated. Therefore, Jeb could be right in his assessment. When the much awaited run-up in the miners will start, should be answered quite soon.
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