Ann: Progress Update Phils Hill Diamond Drilling, page-150

“Nearology” continues to attract explorers and millions of dollars in investor capital like moths to the proverbial flame — despite a distinct lack of success over time.It puts a spotlight on any explorer that holds ground within cooee of a huge, company-making mineral discovery.After a big discovery is made, investors rapidly jump into these neighbouring stocks — hoping they can emulate the original find — causing a crazy, collective but often short-lived share price explosion.But over the long term, history shows us that nearology rarely bears fruit.