Where's all the people?

I was at the World Resource conference today.  I went around 10:30 am and I expected to line up to get my pass.  But, there is no line up and the conference is like the mini version.  Everything is almost cut in half, the number of participating companies, number of workshop rooms, number of attendants.  I had find that this year a lot of the booths are non-mining related like golfing, banners, charitable associations.  This signals that all the investor that are not familiar with the mining sector and low quality companies have left the industry.  This is a great opportunity to buy high quality companies that are trading pennies on the dollar.  If you can wait for the industry to return, this might be the best time.