Player, Very nicely said.

I'd add two more sections to your scenario.

1. If Dan Arnold is correct, then beginning by 2012 the latest, we'll be in a Great Great Depression. USA GDP will have dropped 50% from it's peak and the price of oil will slump to $10/ barrel. This should do wonders for the economics of mining. See, http://www.thegreatbustahead.com/

2. WITH ALL DUE RESPECT, if, in the next decade, the aging population of mining talent can not be backed-up with less seasoned professional, this could possible put greater pressure on the juniors to yield to possible buyout offers from the big boys.

Cheers,

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