Jerry ,
Thanks for the response.So ther is a war going on between the "gold bugs" and the "establishment".So,who is stronger and who is going to win? Are we smart to invest in gold juniors or are we stupid suckers? With privately listesd companies it still comes down to who is selling and who is buying.I have a hard time believing that the establishment is buying up shares of all these juniors just so they can sell them later at a loss to ensure the price remains low? At the same time the large producers like Barrick are doing just fine with a rising share price.
Do you think that maybe the juniors are suffering because they have nothing proven,are in a tough economic environment due to the recent financial meltdown, not to mention a U.S. recession and possible oil induced world recession?
I feel that there is just a lot of caution out there now which is shown by the fact that virtually all juniors are down except those that really have something. I still have trouble with the conspiracy theories and believe that the markets are doing what they do when there are a lot of small time nervous investers present.
I do however appreciate your thoughts and will do some more digging.
Also to those recent complainers on this board. Read more ,grow up or else move over to stockhouse where you will feel more at home Rico