I'd write but he's explained his take on the juniors in his newsletter I think.

First off, Frank has never recommended a large position in juniors. On a 1 Million dollar portfolio he's recommending about 12,500 shares of TDC and has for a long time. My friend once wrote him many months ago stating their high proportion of juniors in their portfolio and he said he thought that was ill advised and recommended reducing drastically.

So given his perspective, he thinks there's no point in selling. That when the market comes back to the seniors the juniors will run even faster. But you'll note that in all his latest newsletters, and while he did recommend buying producers this week, he's never suggested buying juniors.

Anytime he's mentioned them it's been with a tone that suggests, hang on to them and see this through because theres just no point in selling at these prices.

I don't know if that is what you're looking to hear. I think we all want someone to tell us that it's going to be ok, that we're just around the corner from big gains. Fact is, we're probably not going to see this for some time to come now.

Our hopes now pin on inflation and pretty much that alone. Obviously demand for everything is reduced. So we need higher prices to lift these stocks. We need the USD to start going down. Most people here think this will happen and I am one of them but I don't know that it's going to happen as soon as we all like. It could be 2 years away.