Leading resource stocks are being bought by institutions

We are seeing a market that is continuing to embrace resource stocks at the big end, offering further evidence that we have moved into the next cycle. That means that institutional money is flowing into the leaders in anticipation of growth and infrastructure spending that will boost demand for materials. It seems procedural from here with little risk of the market moving lower. Yet, at the junior end, the market performance has been less convincing. 

 WeeklyComm26November2016.pdf