Vanguard Precious Metals and Mining Fund are only invested in 45...

Vanguard Precious Metals and Mining Fund are only invested in 45 precious metal companies world wide and APEX is ranked 33 on amount of money invested.
This fund only invest in precious metal companies and know a good opportunity when they see one.

One of their representatives would of come out and had a good look at APEX,liked what they seen and then made a deal.

All of a sudden things start getting better lower cash cost and increases in resources.
Now this representative wouldn't be getting a 200k plus salary for picking losers IMO so 5c equals 175 mil mkt cap and is very achievable.

I think Vanguard didn't waste 8 mil on APEX for a 175 mil mkt cap considering they bought in when it was 70mil,vanguard would be expecting a lot more for it to be worth their while IMHO.

For the likes of me and just about every other investor,we as a hole don't know jack about what is really happening behind the scenes here.
So when the likes of Vanguard throw their money and reputation on the line it makes things a hell of a lot more comfortable with them on board.

Just my thoughts,