Not too many perform more research on juniors before investing than gold industry expert Peter Grandich. And if he is having a horrific year...

Regards - VHF

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Junior Resource Stocks Are Killing Me

Peter Grandich

February 4, 2012

I’ve called it the worse bear market in my 30 years in and around the financial arena. I lost seven figures in actual losses and on paper in juniors myself in 2012.

Below is an actual email I received from a friend of almost 25 years and once was one of the biggest junior resource stocks brokers in the USA:

From:
Sent: Saturday, February 02, 2013 10:45 AM
To: Peter Grandich
Subject: Junior Resource Stocks are killing me.

Hey Pete

I have not been feeling well for a few months….dull headaches, lightheadedness and anxiety.

While driving yesterday I got lightheaded so I went into Rite Aid and took my blood pressure and it was off the charts 189/112.

Alarmed I went to the hospital emergency room, they took me as a priority and gave me a CT head scan, EKG, blood tests and chest x-ray. All tests were fine.

They gave me two BP pills and got my pressure down to 165/95. It should come down to normal after a couple of days but now I have to take erection killing BP pills (hello Viagra).

The doctor asked if there is anything causing me stress and my reply was:

“Doc, are you a junior resource stock investor?” He said no. I said I wish I was not either but I am, hence the high BP.

For his sake, yours and mine, I hope the worse is getting behind us!

After losing 50% of its value, the TSX Venture has yet to signal a significant bottom. If it can rise above the bounce high of October, we could come out from under the desk (but not before).