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Further to your question, ...

 

But I would point to two current market themes that suggest there is still a lot of interest in mining.

The first is price moves on discoveries. I can’t point to a zillion examples because discoveries, by definition, are rare. But if you haven’t seen it already, take a look at Camino Minerals’ (TSXV: COR) share price.

Yup, that’s a price that shot from $0.35 to $1.81 in three days.

The cause was a discovery hole at Camino’s Los Chapitos project in Peru. Known was a zone of oxide copper mineralization at surface; unknown was what lay underneath. Camino drilled through the oxide and through a layer of magnetite into 106 metres of sulphide mineralization averaging 1.3% copper.

Eighteen months ago, I would wager the exact same hole would have elicited nothing more than a yawn from investors. The market was dead. Today it boosts the stock six-fold. Investors are engaged.

Gwen Preston, Resource Maven - https://www.resourcemaven.ca/

Note too this is "just" 1.3 percent copper, a far cry from what we are looking for from Hay Mountain.

VP

P.S.  Don't know why the different font sizes, not if the chart will reproduce.
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