There are 30+ companies claiming to be close to CHN (nearology).. CHN were quick to peg everything of interest around Julimar when they made the initial discovery. Their sister companies also pegged a lot of ground around the space as well. CHN then invested in CPN because they thought it may be a similar repeat system where they pegged. Also there is a lot of EM data for the region.
I would be very careful and be looking for comparable EM data before I would invest in others. I saw one company that really struck me as its EM looked great.. But on closer inspection, they have changed the units and amplified them almost 10x.. So what looked very interesting when you looked at it on the larger area where you could also see Julimar and using the same units it went from red to light yellow/almost green.
So goodluck with that.. Most of the nearology plays that have nice EM signatures have already started to run. But there could always be a wildcard out there.
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