JuniorsAlmost all major discoveries have been made by jonior mining companies. This includes Voisey's Bay, Ekati, Diavik, Highland Valley, Hemlo, Eskay Creek and many more. As pointed out by Sprott and Friedland, Junior Miners are being punished right now with ultra-low valuations that will lead to reduced expenditures. That will lead to fewer discoveries with the inevitable commodity shortages and higher prices down the road. Those that buy the lows will be rewarded, however many will fall by the wayside. It doesn't mean that they were bad ideas or poorly executed. The ability to keep going is a huge advantage, and GP has shown that he believes.