This is a buyer's market for silver and gold and all the senior miners know it. Gold is below 1200 $, silver 16 $. Around december 2012 gold was at 1700 $ and silver 30 $. They're getting bargains. Share prices of these exploration companies have halved or even worse.
Every smart senior will be buying as many exploration companies with gold/silver mines as they can get their hands on.
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