Morning Mike

80 companies!? Wow, I have all I can do to keep track of about 15.

I am enjoying the strength that juniors are showing. I primarily stick to companies that have conservative management and lots of metal in the ground for starters then try to pick the ones that have the best financials. Sometimes management surprises me, and usually not for the better.

The one trend that I am not comfortable with is that take overs seem to not benefit share holders for either company. In past times juniors that were take over targets got a good premium to their stock price. Not lately. If anything, the share holder gets screwed and management gets huge bonuses. Sometimes mergers are met with no enthusiasm at all even if the merger is highly synergistic. I don't get it.

Onward and upward!