GTE 4.92% 5.8¢ great western exploration limited.

Ann: Finlayson Gold Target and the Golden Corridor Project, page-37

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    "They are big hitters - they can do it - just look at their past achievements! The trouble with hero worship is that only their past achievements are taken into consideration.

    Given that successful mineral exploration outcomes are in no small part due to luck, it stands to reason that on the balance of probabilities there may have been failures in the past as well."


    So basically what you're saying is:


    Stay out of all exploration plays as there's a low chance of success in the end/need luck,

    but

    if anyone can do it, it's the guys that have done it many times before/"had the luck plenty of times" (ie. these guys)?


    Cheers,

    GB.
 
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