It has been suggested before on this forum that some investors/speculators are only buying/trading the producers. The premise is that they are liquid. Buy and hold does not work well in a day traders world which the mkts are in now. If high frequency trading ends, the volumes will plummet...now I am getting off track. Also, there is the possiblity that the PM's will peak long before a mine comes on stream and not catch the ride (not my belief).

So I asked a few high net worth individuals in the PM mkt. None of them are into juniors at this stage even though they are Silver Bugs and to a lesser extent Gold. I asked them to look at TDC. All of them had various juniors/explorers at one point but not now. As long as the SLW's of the world are making them a good return with fewer risks, we could be stuck in this range.

It was not what I wanted to hear but it is reality.

TDC's time is not here yet. A good report with a pop in SP would cause them to salivate and possibly build a position. In the meantime we wait and play the Silver mkt and funnel some profits into the juniors with the most promise.

W