Clearly a depressing exchange from JP who has been the biggest public cheerleader for junior exploration companies. I guess on some of the juniors we will have to rely on Peter Munk's remarks that new sources of metal are hard to find as he is venturing out to politically dangerous territories with his recent exploration/production. Therefore, some juniors may just be taken out at small premium prices.

On the other hand, it is quite refreshing to receive information from Dave Webb that is responsive and informational. I feel good about my investment here.