In relation to Tyhee's fate in 2012, it looks to me like there are two views of how the market will develop next year.

One is that the world, the markets are going to implode very soon and this will, in turn, not be very pretty for the juniors (or for most any equity). The other perspective is that gold, the HUI, and the juniors are like an undervalued coiled spring and will inevitabley explode next year.

Perhaps, metaphorically speaking, one question to ask is, what's the sound of a bomb going off in a vacuum?