The net result is that world-wide demand for metals continues to grow. New sources of supply are needed to match that growing demand and to replace older mines as they are depleted. Much of the mining industry investment in this cycle has been directed to buying existing production.

Recovery in the junior mining sector will not be the same for all companies. Those companies that need to raise money in the near term will continue to face real challenges. Many will have to look to joint ventures, asset sales and mergers to find the money they need to move forward.

Anybody who takes a longer term perspective will realize that if a government simply keeps spending enormous amounts of money that it doesn’t have on things that do not generate a return for the economy, then the value of the currency will decline.

Another interesting area is platinum: the price is down 60% from the $2,300 level earlier this year. Demand is growing and supplies are constrained. The market was clobbered by a big selloff by a platinum ETF.

Markets are just turning away from reckless or adventurous investment styles to fundamental based investing. This is good for Sherwood Copper in the long term. Don't get caught selling in the panic. All this is a necessary and short term setback. The market will hit a bottom soon and then it's all ours. If you don't have a position yet get your DD done. There's plenty of resources on this forum and on the Company's website but it is a great investment.