this week eric king was interviewed at financialsense.com in the second part of the third hour of the broadcast.

he said the shakeout in junior is just about over, and the remaining shares are in strong hands. prices are depressed due to large (and sometimes naked, according to jim puplava) short postitions and he specifically mentioned royal gold and silvercorp.

we are not yet seeing the flow of funds into mining shares, but eventually there will be mutual funds that specialize in juniors. the mining sector is small, the junior mining sector even smaller, and quality juniors smaller still.

he said fortunes will be made by investing in juniors today, and described silver standard and aurelian resources as companies that have given their investors 50 and 60-baggers. after sovereign wealth funds bid up the price of goldcorp, agnico-eagle and the other large companies, they will turn their attention to the juniors. then will see those huge returns on the stocks trading at depressed prices today.

companies are realizing that major profits are made not by being taken over, but by staying independent and following yamana's model of growth through acquisition.

so if you have any doubts about the long term prospects for this industry, by all means listen to the broadcast. silver standard will be one of the first explorers to take a property all the way to production, and despite the 50-fold increase in its stock price, i think its best days are directly ahead.