Hey mate, this announcement will do nothing in the short term for the price. The benefit though is essentially joint funding which means they wont need to seek as many funds should they find something worth investigating further. For now don't expect too much, (if any), movement from this stock. Like other exploration companies, it's either hit or miss. In saying that, it's always advisable to do some of your own research on the mineral history of the land they are exploring, at least that way you know whether they have a chance of finding something.
In the mean time, sit back and relax. If you are after more daily action, check out some of the tech sector stocks, (ACU, LWP, to name a couple). Always do your own research though, don't be swayed by everyone else with their positive or negative opinions.
Good luck and happy investing.
Ann: MXR secures major farm-in on Spargoville Gold Project, page-3
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