via Financial Post - Juniors Can't Get A Bid

The following article details some of the problems facing junior mining exploration, and talks about a mining company with a gold find and the only coverage they can get is 10 sell-side analysts.

"Even the ones with promising discoveries are struggling to draw investors. Take Probe Mines Ltd., which made an exciting greenfield gold discovery in Ontario, as safe a jurisdiction as there is. Probe is covered by 10 sell-side analysts, has a great deal of institutional support, and plenty of cash in its treasury. Its reward is a meagre $117-million market cap."

The shortest way of expressing what this article is trying to come to terms with, is that we are in a bear market for equities. This is true on an inflation-adjusted basis for the larger markets since year 2000, and truth be known, mining companies are going absolutely nowhere.

http://business.financialpost.com/2013/03/03/in-canadas-crowded-market-junior-miners-get-the-shaft/

Another example which I have followed for the absolute longest time is Eastmain. I have even spoken with the CEO, went to see him at PDAC, and periodically visit the website. The institutional support is second to none. Plus they have a net smelter royalty on a property sold to Goldcorp.

We are in a bear market for the largest indeces since 2000, with the exception of a few outperforming equities, including mining equities, and most certainly mining exploration equities. We are not in a bull market. Period.

PERIOD.

http://scharts.co/ZSyoeM

-F6