Sunday, March 7, 2010

Reuters and copper juniors (and owls)

Here's a note from Reuters on PDAC-eve that starts like this:

TORONTO, March 6 (Reuters) - Shares of gold and copper exploration companies are the most likely to shine in the Canadian junior mining sector this year, as large miners raise their exploration budgets and scout for promising projects.

Small-cap stocks on the TSX Venture exchange enjoyed a strong run last year with the S&P/TSX Venture Composite Index .SPCDNX gaining more than 90 percent through the course of the year.

While 2010 is unlikely to be a banner year for the sector as a whole, analysts say companies with advanced copper projects and those with promising gold assets will probably outpace the pack.

CONTINUES HERE

And here's a message for IKN Weekly subscribers, courtesy of our friend the owl who remembers what we've been saying and doing since last Christmas: