Hi Jsbuser There ain't no logic to the earlier comment. There are good profits to be made with exploration companies and gold co's in particular are doing very well at the moment. Of course due diligence is required and exploration companies can be risky as they have no proven cashflow - go for co's with proven management and ideally an established (and growing) quality resource. Avoid second rate resources (many co's have mineral resources but a lot of these are not economic to mine for one reason or another - grade too low, deposit too deep, deposit too isolated, adverse metallurgy etc). AOP is progressing well and already has a quality resource over 1 million ounces with more to come.
GLTA & DYOR
AOP Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held