grandich report ... comment on mining stocks, page-2

The art is in being able to pick the difference between a lump of coal and a diamond.
There are a handful of juniors sitting on huge deposits of mineable gold and their share prices reflect only a tiny fraction of their real value. There are others which may never amount to very much.
The problem is that all juniors, those with incredible prospects and those with no real prospects have all been lumped together in the same junior loser basket.
Of course the majors will come shopping. They're not going to advertise it. They will move in stealthily as shareholders are wringing their hands and despairing about their losses and deciding whether to sell at the very bottom as so often happens with non-professionals. They'll buy up small companies left right and centre for as little as they can and secure their future supply of gold.
The question is, which companies will they try to snap up first and why? Which ones will they leave alone?