Listening to John Kaiser at the Calgary show, he says all the juniors are just"road kill" in the sub-prime fiasco, and that they've done nothing wrong to be punished so severely like this.
He thinks it's an excellent time to be buying well-financed, well managed companies with ounces in the ground. He also thinks that if a person waits too long, you might miss what he expects to be a "violent" upswing some time between July/ possibly as late as after the U.S. election.
Furthermore, in listening to the presentation that Kodiak gave, I could have sworn I saw Brian Maher wince when someone asked about the relationship with Sage and Kodiak and the ramifications later on if Sage hits big. I wonder if that NW corner was the scoop of the decade???
GLTAL