Value of junior miners stabilizes relative to the price of gold
Posted on February 16, 2009 at 18:14 PM EST
With many junior miners up 200-300% or more off of late 2008 lows, its tempting to label the move a speculative fervor beckoning for a pullback. The argument has logical appeal, but what if gold holds steady or even rises from here? To see the possibilities, one need only to pull up relative price charts that [...]