Yes! Obviously a name dropper here.

Lawrence Roulston has a few things to say in the latest Quarterly Review Issue of Resource Opportunities:

“This year has been the most brutal period in a decade for junior resource stocks. The last couple of weeks have been particularly painful, in part because buyers were on holiday in Canada and the United States.

A few companies are facing significant selling pressure. Undoubtedly, there are some large holders who have made the decision to exit the sector and are pushing stock onto the market for whatever they can get. Until recently, there were buyers willing to take up any stock that came on to the market, albeit at progressively lower prices.

For most companies, the problem is not so much the selling pressure as a lack of buyers. There are numerous examples of share prices being pushed sharply lower by sales of a few thousand shares. Most of the commentary that I read and the people I talk with concur that the markets will rebound, pointing to September as the most likely turning point. With that outlook, there has not been a hurry to take advantage of bargains at this time. As a result, the prices just keep sagging when shareholders insist in selling.”

Mr. Roulston has followed Staccato Gold in the past, and they remain listed in his summary table. That’s the good part. They are CATegorized with a less favorable risk/reward profile, which is understandable. They still have several large properties in gold bearing trends in Nevada, but have not released drill results in over a year. Due to the present market conditions, it doesn’t seem logical to release anything good at this time anyway. Maybe in September?

Look at it this way. If they didn’t have bad luck they wouldn’t have any luck at all.

Stay positive. The juniors are just now getting their first tail wind in a year…..or 2.