The bottom line is you’ll be investing in juniors because:

• The industry is not replacing the reserves it is mining every year so majors are forced to acquire juniors because of the need for more reserves
• 75% off all new discoveries are made by juniors
• History says the time to buy is when sentiment hits rock bottom
• Buying juniors in early 2002 has paid off tremendously
• Buying juniors now will be paying off most likely within 12 months from now