GTE great western exploration limited.

Research and Field Exploration balance

  1. 461 Posts.
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    Hi all,
    2019 is upon us and we're still waiting for sample results taken in November  ?   This brings me onto
    a thought I had about GTE two days ago - are we (management) spending too much time doing deskbound
    research INSTEAD OF using our gutfeel taking samples, then quickly processing these samples
    from various tenements to look for commercial possibilities ?

    This difference IS IMPORTANT - as it defines the sort of company a junior exploratory miner shapes itself into.

    Too much passive deskbound research - in my opinion if carried to extremes, leads to a company that doesn't act, but reflects TOO much.
    Our business is to make MONEY what.png, not over speculate about endless possibilities.  To do that we need to raise exploratory mining
    funds, that numbers in my view to a stash of at least $3-6m, not lesser amounts.   Whilst a junior exploratory company cannot influence the overall
    national and economic environment  - which could be favourable or unfavourable at any point in time, IT CAN focus more on soil sampling
    money making possibilities, than overinvesting in deskbound research.  It needs to convince investors, both big and small, that with: expertise, experience, luck, a bit of risk taking and drive - that it will find something ! That people,  defines a junior explorer, that goes
    somewhere, rather than one that remains  stalled..........

    Cheers

    Bluequartz
     
 
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