In order for the juniors to go up, first the metal itself and then the majors need to go up. That's why it's important to own all three.

As gold runs to $1200, then over $1650, then $2000, the majors will be swimming in cash, presumably. Then they will start to buy these guys out and put some oomph! behind the ounces. And, when the public comes in, they won't want to buy Yamana at $100 a share, they will buy Kimber at $5 or $10.

Simple as that. You're early, and it hurts to be early because of all the painful gyrations while Mr. Market figures out what he wants to do next.