Here is a dated article that says it all.
GOLD & JUNIORS is chapter IX of the Gold Drivers report and focus on the relation between gold and junior gold mining companies. History suggests that investments in junior mining companies which are on the verge of discovery in a rising gold environment can be extremely profitable. This chapter discusses the two pillars carrying the juniors which are the price of gold and the desperate need for new major discoveries.
- Juniors & declining gold reserves. Why should they benefit ?
- Juniors & the price of Gold. What influence ?
- Juniors & volatility. How to approach ?
http://www.gold-eagle.com/editorials_05/hommelberg052905.html
