This may be slightly off topic but it may help re-inforce our commitment in TDC and other juniors at this time.

In 1981 I met a rather interesting patient at the school clinic where I was a Dental student at U of Toronto. He looked like Woody Allen but was like Dustin Hoffman's character in Rainman (fast reader, excellent retention, a walking encyclopedia) but slightly more functional living with aged parents at home. I quickly became aware of the reading material that he had brought in for the long waits in the chair. They were financial and analyst's reports of junior mining companies. From the time I first questioned him on what he was reading I could see that I would not get much accomplished each visit. His "only" interest in life was "investing" and it showed. I was more interested in credits for school but I did write down the stock symbols and said that I would follow them in the Globe.

I saw him every two weeks over the next school year. Some stocks had amazing appreciations while some just sat there. My question to him was why. He said they are valued for their reserves in the ground and will be eventually bought out at much higher prices. Be patient he said. Gold had already peaked, dropped and re-established itself at a lower but still profitable level by the time I met him. He only went for a company that had known reserves and waited for the others to make announcements before buying. Being a student I was only able to observe but not invest. None of the demonstrators (Dentists) who oversaw us had any interest in juniors as "they were too risky". They went for the known names and ignored the Tyhee's of their time. I saw many Tyhee's take off once they were discovered for what they had.

I finished his treatment later that year and never saw him again. He changed my entire outlook on investing, forced me to think for myself, educate myself and not accept the dribble coming out of so called financial experts and elected government officials.

I follow the same philosophy today. We all have had stocks that have gone nowhere but it all comes down to breaking his sacred rule. If the company truly has reserves of a commodity that is rising in price while overall production is flat to down globally you will do well if you have patience.

Woodstock