Juniors like Tyhee will trade more on their resources in the ground than the day to day gold price. In the discovery phase (which we are still in) the focus is on proving up an economic discovery. Yes size is important and the bigger the better. Stock price moves based on the drill bit in this phase can be explosive. More risk = more reward.
The fear and uncertainty of the credit crises has however compressed the value per ounce in the ground that good juniors are valued at from the usual about $100.00 oz to the current rediculously low levels.
Where some see risk others see value and vice versa. You will have to decide for yourself

As far as Elliot wave is concerned I know that there are a number of people that swear by it but for me it is confusing that different practitioners seem to get different results in both their counts and expectations for a particular market.

for instance in gold

Alf field says gold is going higher

http://news.goldseek.com/AlfField/12...

on the other hand Robert Prechter has been bearish on gold for the entire bull run.