Exceptional Goldie Flying Under the Radar, page-19

Same... my first parcel of Golden Rim was bought on 21-Aug-2013. But I don't think we're too badly done by. Drilling is what mineral explorers do. And when the money is gone, they raise capital.

In my experience we've done a pretty good job of making money through transactions other than capital raising, and of preserving what cash we have. In the last two years we've had two major capital raisings: a general share purchase plan, and a placement to "sophisticated investors". And out of those fundraising activities we've done a helluva lot of exploration.

Over the same period Great Western has had five capital raisings and drilled six holes.