RE: Jim may be onto something....."As gold makes its way past $1000 to $1650 and beyond, the order up to now has been Major Producers and the top half of Junior Producers benefitting with while the short attacked the bottom half of Junior Producers and all of Gold Exploration entities. Watch closely now as a shift takes place."
The market puts no value for oz in the ground. A junior may have spent $20 million in the past on exploration and proving up resources, and at today's share prices, their properties are valued at pennies on the dollar with Gold over $1000. Some have more cash than their market cap. Flayer you have a good one in ATC,which is way more than the Rau and their JV near Underworld. There are many JV's in place, and they have been in B.C. and the Yukon for many years. Another Dr Don type, hold onto your company as long as possible before you cash in, because you know what you have. Much overlooked part of the world. The shift will take place,if you think James Bay is underexplored, wait to you move out West. Vancouver still hosts many juniors, more than 1/2, as their company headquarters and as a source of future financings. TKO and KTN are 2 of my picks. 13M oz Gold going thru the Environmental assessment, with a profitable copper miner to fund it. The other is more a silver play, but with gold and base metal credits, sitting on a lot of cash and a low share count and some great properties.