Thats always an option and good on them for being so transparent. But for me even that approach has proved a bit too risky. Too easy for explorers to crash and burn. Remember that copper one (was it True North?) that put a drill hole directly down the length of a vein and it looked like Xmas, but wasn't because there was no width to it. So I use LRT for explorers with just a couple that I like for interest owned directly, and then concentrate on producer-developers with cashflow but strong development prospects. Besides I don't much care if the managers make a buck. It's a bit like one's favourite team allowing a million points in but winning by 1, still a good result. Also if one agrees with Widdup's clock then at this stage of the cycle sharing funds between funds for micros may well be smart (I hold LSX too).
LRT Price at posting:
$1.40 Sentiment: Buy Disclosure: Held
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