I like the risky end of town myself, but I think rule has a point about watching explorers, and maybe not investing until they actually hit something. But it’s like you say, the backing of a senior company and being able to raise funds as well. But another point he makes is that few discoveries are made each year, and most geologists would be luck to make just one discovery in their career, but there are a number of people with multiple discoveries to their name, 10 or 20 discoveries. So finding good people and backing them.
I have a few majors, but also like explorers, which balances things a bit, but you have to decide what is right for you.
E2 clearly have something, just a matter of just how big. Wait and see I guess. Looking forward to results of this drilling.
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