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PDN 19.5¢

## boomtime for juniors! ##

  1. siameseparrot

    24,765 Posts.

    From an article, "Metals Are Booming", by Lawrence Roulston.

    "The future of the mining industry is in the hands of those junior companies that had the foresight to acquire high quality exploration projects during that period when few others wanted anything to do with metals.

    Many of the best exploration projects, some of which have already had years of work completed on them, are now in the hands of the junior explorers. The values of some of those companies will rise dramatically over the next year as they are able to demonstrate the potential values of their projects.

    The prospects are good for profits arising from further gains in metal prices. An even safer bet is that, regardless of what happens to metal prices, mining companies simply must replace reserves. As a result, junior companies that advance their projects through the development cycle stand to generate big returns for their shareholders."

    The full article is at http://www.kitco.com/ind/Resopp/mar242004.html
    PDN acquired its quality uranium resources for a song when everyone had given up on uranium.
    Note the disclaimer below.

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