An exploration bet, remains a bet. Only the entry stakes change with a weaker price. A discovery, and the multiple return on any of these green fields is in play. At 1.3c = 8m mc.
People were making the same discovery bet at 2.7c or 2 X. And happy to rationalize 16m mc entry bets.
If the bear head fault delivered for Frontier, we can roll with that dice as well. In the interim, price drift is presenting some incredible bargains in the sector, but as with everything, a discovery will sort the wheat from the chaff.
BLZ Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
