Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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I posted on the KXL board - the juniors will rally some time near the time we have capitulation.

Sorry, but we are nowhere near that yet. We are just beginning to get into serious fear.

Only once people are completely exhausted and beaten down and discouraged - when nobody will talk with you about stocks - then you have capitulation.

Prices will be at a low, and volume will be at a low. Sometime in the next two months to two years. From the 1929 highs, it was 1932 until the lows.

The juniors will turn up probably before we get all the way to capitulation. People will want to find a place to put their money and the gold juniors will look good. Homestake up 500% in the Depression. Sounds good?

The best guide may be "Homer Simpson" on "The Simpsons", the episode when he thinks he is going to die from fugu. He goes through all the stages of grief - denial, bargaining, etc. until he accepts.

Then we go up again.

Sorry to hear your losses - you can be darn sure you're not alone on this board. My losses severe and life dreams put in the drawer.

If you have your health, that's worth more than anything else in the world. Ditto family and friends.

The sun will still shine. Remember the real things in life.

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