The Phaserl


Why Canada’s Junior Mining Sector is going to pot – literally

by Peter Koven, TheDailyGold:

Lack of investor interest leaves miners in the lurch, with hundreds of juniors struggling to survive.

Nick Brusatore wanted to create a leading Canadian medical marijuana company. So he turned to a logical source: a hopeless junior mining company.

He bought a controlling interest in Affinor Resources Inc. in March, and then met with the management team. His pitch was simple: the great marijuana gold rush of our generation is just starting, while the junior mining gold rush is pretty much dead. The Affinor team listened and loved what they heard.

“They were clearly looking for something to do with this shell that they’d been keeping on the market, because the mining thing just kind of went bust,” Mr. Brusatore said in a matter-of-fact tone.

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