Pretty well states things the way we have been as well.

Not to argue or belabour the point about juniors though.I was questioning how one(and in this case peter) could be shocked at the depths of selling in junior sector.I realize he never claimed juniors would hold up during a downturn in the u.s. equities but I do believe (perhaps I read it wrong or am starting to lose my memory) he anticipated things to hold up better than they have. A juniors number 1 need is financing and there isn't much out there these days and high risk trades are the first to suffer in the flight to quality.I certainly agree with the fact that things are overdone with some good quality juniors being hammered and poised for a rally but on to a new topic...................lol