Having invested in another ASX listed company current drilling in Canada, I have been amazed by the difference between ASX listed explorers and TSX listed explorers (many who are my company's neighbours).
Often TSX listed explorers are simply rent seekers in my words - they secure land them hope to get another company to buy it, or to undertake the drilling on their behalf. Someone generously (IMV) described them as 'project generators'.
ASX- listed explorers want to drill and find a big discovery on their own. No wonder TSX listed companies struggle to raise capital.
The contrast is stark - I hadn't twigged to the fact that this is exactly BAY and AW1 here until I read your post.
And while I am at it - thanks for the fantastic content Met2020.
If I wasn't for you and a few others - it would just be Dum Pharkwit posting endlessly to himself and I wouldn't bother coming here to read.
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