From Minyanville.com: One of the worst places for performing markets on the planet over the last year is the TSX Venture Exchange. From a high of 2735 in May 2008 to its current 902 level, the TSX Venture Index has a chart only a Canadian could love.
This former penny-stock playground is now the Canadian boulevard of broken dreams. The vast majority of TSX Venture Exchange companies are junior mining companies created in response to the recent commodity bull market. In hockey parlance, the TSX Venture Exchange is the farm team….. Full Article: Source