Replies to post #8929 on Explor Resources Inc. (fka EXSFF)

[Gregory_]

While the GDXJ may rise, it is a foolish investment. The blind shotgun approach does not work very well in the junior mining industry. The well-aimed shotgun or sniper rifle approach does.

Investing in the entire sector is unwise. There are better ways to spend your money. As popularly known, most junior mining companies (80-90%+) fail. It is much wiser to invest in the top 5% or 1% in the industry. Why would you invest in an overall sector that has an incredibly high failure rate? The only reasons I can determine are laziness and ignorance.

I do not dismiss Richard Russell's research. Nevertheless, I will not invest in the GDXJ. It may double. However, if you invest in the right junior and the GDXJ doubles, that junior is likely to go up much, much higher, probably 5-10x in growth or more.