I’m ready for the miners to run, including the juniors. If a junior has a good project then I don’t think financing is a problem right now. It looks like the Feds are going to be shoveling cash out for the foreseeable future. Having said that, yes there is a general problem for the juniors if money gets tight.
Many juniors-explorecos fade into nothingness. It’s only the few that do great which have kept me afloat. Stocks like Skeena, Newfound Gold, West African Resources and Snowline Gold have really done well. Of course you need to buy them early and sell a bunch when they run big. Most of them come down quite a bit off a peak. Takeouts at a premium are a bonus.