Rick Rule says, cash flows to Gold Miners is going parabolic,especially in the next 12 months. Some of this cash will go to acquisitions. He says,only 10% or 15% of junior miners will benefit from this acquisition trend as many of the juniors are "absolutely valueless".

Rick is very enthusiastic about the price appreciation of juniors with good discoveries. As an example, he mentions the Arequipa discovery in the mid 1990's when its share price went

from 30 cents to 30 dollars in 19 months.

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/9/19_Rick_Rule.html