Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (38673)	4/21/2007 11:59:53 AM
From: koan	Read Replies (1) of 78419

Now concentrate on this last sentence of kaiser's comments: "In broader terms the main significance of GGL's Winter Lake play is that it signals a fairly new willingness among speculators to focus on geological concept plays. Old fashioned speculation on drill programs has been largely absent from the bull market that began in mid 2003. As we make the transition from the commodity price dominated third leg of the resource sector bull market to the discovery oriented fourth leg we will see more and more market responsiveness to exploration news." This is important! Just as one should buy wts on majors at the beginning of a bull market, so a person also needs to watch the market to see how it evolves e.g. from majors to juniors, from juniors to explorers. Kaisers says: "DSICOVERY ORIENTED FORTH LEG WE WILL SEE MORE MAREKT RESPONSIVNESS TO EXPLORATION PLAYS". I have noticed this as well, really in just the last few weeks it seems.

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