Ann: Large outcropping pegmatite dykes identified at Aqua, page-6

What smells? James Bay Minerals is one of the few junior companies in the JB that consistently posts progress updates, and their management team has a strong and credible track record. It's evident that the tenements surrounding them are highly prospective. Yes, satellite images would've picked up the outcropping, which is precisely why they've been surveying the area. However, what isn't common knowledge is the fact that this outcropping might be part of the extensive pegmatite field recently discovered by another junior explorer at its Cancet West Project. Based on their actions, I find it improbable that they'd rush into a capital raising before drilling. It seems more likely that they'd wait for a round of positive assay results. Everyone is entitled to their opinions. I've had my share of stocks that didn't pan out the way I hoped, like AGY, which I sold at 60c when I realized it wasn't progressing as expected. That said, I don't make it a habit to visit AGY forums and criticize it just for the sake of it, like you seem to be doing here. As for James Bay Minerals, it's still early days, and calling it one way or the other is premature. It remains a speculative play which is reflected in the market cap.