You make some good points, however, "nearology" doesn't amount...

You make some good points, however, "nearology" doesn't amount to much unless it's backed by concrete results. There has been silence in West Arunta, despite all the speculation surrounding WA1 after almost a year of their Ni discovery. I place all the James Bay, nanocap, and nearology plays in the high-risk basket. You can't just pull figures out of thin air to justify your biases. The truth is, we won't know anything until exploration begins on all these new projects. Some might deliver, others may not, or they could all end up with either fantastic results or nothing. It's far too early to make assumptions and draw premature conclusions either way. The most qualified people to make educated guesses are those on the ground with local knowledge and geological expertise. This is also why I remain as hopeful here as I am about others such as REC, C1X, etc. They all share the same geological team expertise and I highly doubt that Jody has enough spare time to waste on projects that are guaranteed to fail. Regardless it could all go flop so DYOR.