Juniors Poised For Historic Bull RunSo every correction is a buying opportunity.
I hope for Kinross results at the end of this week. Perhaps we get them earlier. Let's see.
And hopefully an official drilling update from Ecometals with some information about the core. A very important week coming!
Yes, I'm aware that the juniors were not the placeto be over the last 5 years since they are beaten up to levels not seensince the beginning of the bull market in 2001. But as the CDNX/Goldchart above demonstrates the bottom has been clearly put in place inDecember 2008. From there onwards the only way seems to be up for yearsto come. Remember the seventies, investing in juniors could have madeyou millionaires by investing a mere $1000 into the best performingjuniors. The thing is like today that the junior sector didn't wake upuntil the final years of the gold bull market. The first 6 years of theseventies bull market didn't affect the juniors that much but thingsstarted to heat up dramatically from 1976 onwards. Any company with aname 'gold' in it saw its share price appreciating upon exploding goldprices. Juniors priced at pennies in 1975 went ballistic going into1980. A good example concerns Lion Mines which went up from 7 cents in1975 to $380 in 1980, or what about Warf Resources which went up from40 cents to $560, or Steep Rock from 93 cents to $440.. These are nomisprints, a $50 investment in Lion Mines would have yielded a profitof $380.000, not bad I guess.
https://www.gold-eagle.com/editorials_08/hommelberg110509.html