More from Cara today...apparantly his time frame for holding the juniors is totally different that Jim Sinclair's...I'd say Sinclair's May 8th prediction for the turn-around in the juniors would be considered "short-term"
"...This was a time for traders to avoid the inevitable pull-down in commodity prices for the short-term, while awaiting the next timely opportunity to re-board the commodity train.
You are starting to get a sense that I have been right about this.
I feel bad that some of you hung in with the junior mining stocks that are not what we say “in play” but still have good exploration prospects. I encouraged you to step aside for the short run and when the cycle bottom has been hit, to back up the truck."