It doesn't really matter what other companies are or aren't doing. It matters what Marmota is and isn't doing.
They've been exploring for 16+ years and they're still just exploring. That's hard to get excited by at this point.
I would like to see some action specifically around capitalising on the resources they have. I think that would be more meaningful.
It's good that they are being thorough, but if they spend all their money exploring and then have to do another cash raise that wouldn't be great.
I could have a billion worth of gold in my back yard but if I just leave it there and do nothing with it then it's not worth anything to anyone. Not until I or someone else does something with it.
Ann: Project X Regional Recon Program - Target 11 completed, page-7
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