Hi Hans,

In his discussion with Dominic Frisby, not surprisingly, Wolstencroft suggests he's investing in seniors like Barrick, not juniors.

Regarding "holes" in his scenario, although there may be examples of those juniors he's describing, he simply doesn't give any. So, although what he presents might seem reasonable, it is only hypothetical and may be very different from the reality of what we'll see going forward.

Since Sonnenreich, as Binder has shown, sees his own and other shareholders' profiting as Tyhee/Williams Creek's share price increases, it would seem that Tyhee's approach may avoid the profile of John Wolstencroft's hypothetical elite junior miner.

Regardless, if as the price of gold continues to rise to much higher levels, even John's concerns will be dismissed as irrelevant.