MJ COMMENT

Juniors quick to change tack

One of the main advantages of a being small business is agility; the ability to pivot quickly to another strategy if the original plan comes up short. But such agility may act as a distraction in the junior mining space if recent developments are anything to go on. I refer to those juniors who, apparently disillusioned with the price environment for base metals, appear to be shelving their copper or zinc projects in favour of a foray into gold.