Cash is King, page-2

Riskon, I like the LEG story leading into drilling. Plenty of money and plenty of targets.

But remember, we have had little in the way of any material discoveries since the great SIR.

Many other companies have had 'encouraging' results requiring follow up, but none have hit the jackpot again, including Sirius.

And they have spent many millions of dollars and have had a great deal of expertise and data helping their case.

I guess I am just trying to say that these types of Ni Cu sulphide deposits are incredibly rare for a reason, and LEG need to carefully consider how much they spend of their $20 mill on chasing this dream compared to, say, a merger and/or acquisition into a more brown fields project.

There are some bargain projects starting to go at highly depressed prices.

Milesy