john embry works for sprott asset management, and this essay is dated april 18 (?) of particular note, he indicates that junior mining stocks are trading eight (8) standard deviations below where they should be. it's been a while since i took quantitative analysis, and i forgot most of what i learned the day after the final exam, but i do recall that the probability of something being eight standard deviations away from the mean is statistically impossible. at least in a free-trading market, anyway. this is the link:

http://www.sprott.com/pdf/investorsd...