Safe haven demand driven by a historic drop in the U.S. GDP pushed up the price of gold and silver, which outperformed the majority of precious metal equities. Given the positive market sentiment for junior mining companies and the surge in private placements, we take a look at the drawbacks borne by U.S. residents. Adding a position in a PGE explorer while divesting a South American prospect generator. A nickel explorer in Vietnam and a western U.S. gold explorer continue to generate newsflow from their active drill programs. Also, I provide a pre-merger update for a prospect generator.