No-one has any appetite for small cap miners. Small guys like me know that these low prices are opportunity and should continue to accumulate but many of us are cash poor. We've taken a beating like everyone else on these small caps.
My sense is that the bigger players are in worse shape than us small fry. They are scrambling to cover up their losses and figure out a way to move on. Until small caps show a steady upward trend they are not going to strike.
So what will be the catalyst to change sentiment? Does oil/gold have to bottom and start up again to start the train ride? I don't have the answers.
Obviously good drill results don't hold much attention when people are not investing.
Comments?