Agree. I sold out 90% of my holdings 2 months ago because of this very fact. They have their priorities all messed up. They couldn't find it when it was shallow so what hope do they have when it's deep. The geology isn't any more predictable at depth. Just a huge money sink.
It wasn't easy selling either. not after holding for 5 years.
Well I've moved on now and feel much better for it.
Ann: High-Impact Drilling at Mt Alexander, page-173
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