Gave you a thumbs up market_assassin. Anyway, I don't see what I...

Gave you a thumbs up market_assassin.

Anyway, I don't see what I am posting as down ramping.

Just being realistic.

We have a current market environment for small specs where most very good discoveries are being ignored judging by their market caps. So it's really hard to justify all the exploration expense risk when many discoveries will not be rewarded by a significantly increased market cap.

IVR imo has taken the wrong tack and should have been conserving cash until the market is prepared to reward/speculate on junior exploration companies, a time which also gives companies a decent chance of surviving by raising plenty of cash without massive dilution of its investors.