From BMO: Charts - looking at relative performance since the start of this 2.5-month mini rally with a few questions we are asking ourselves:
Seniors – Any point in NEM (bottom)? Why quality Randgold (yellow) lagging? Is KGC (bottom brown) turning around here? Rotate out of FNV into producers? AEM overdone?
Intermediates – any merit in buying AGI, IMG, or AR here? Or stick with leading BTO, or AUQ?
Developers (WOW the place to be!?) – keep with RMX, CNL or switch in to names like SUE?
Source: BMO, Bloomberg