The sector has been so beat up and cost have been cut across the board. It looks like the metals are picking up some bids and GC_F is not willing to settle below $1300 anymore and producers not being economical under $1200. A lot of the names in the GDX and GDXJ also has SI_F SLV and HG_F credits as well as other base metals that have been doing very well - see zinc on moly prices.
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