Model Mining Portfolio: Money to Burn…
- A tidal wave of money has swept across the mining sector with companies which do not need money frenziedly raising extra cash
- M&A activity has heated up with several transaction every week amongst juniors and mid-sized companies with an increasing tendency towards all-or part-cash bids
- Rare Earth stocks attracted some shorting interest after a heavy swathe of financing but managed to get back on an upward path
- Uranium made it above $60, up over 20% for the month, reigniting the stocks in the space
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