Exploreco or Prospect Gen?

HMX reads alot like both.

I suspect there may be a two pronged strategy going on with HMX.

1. Exploreco: Drill. Keep the best to evolve from exploreco to developer to t/o or production alone or via a JV.

2. Prospect Generator: Drill. Shop ore bodies around, preferably "monsters," in return for a chunk of profits; thereby funding drilling, etc. Ultimately providing MANY chances at a big Win, rather than the typical exploreco model with one solid prospective, and maybe another "early" prospect.

Just an attempt to better understand HMX, its strategy(s), and how I conceptualize its risks.

OV