It appears, on paper the JV has punted on land values and in...

It appears, on paper the JV has punted on land values and in effect become realestate salesmen in the process. Sell a few here, a few there and keeping an small interest if there are gold in them thar hills.
The smaller scattered parcels I can see sold off in a similar manner in the near future depending on positive results from surrounding leases. It has always been about a land punt and riding on some other entities exploration expenditure. Smart move?? - could pan out they way or atleast reduce risk dramatically and see a guaranteed initial return.
In comparing individually held leases, MKE has Provost which they appear to be hell bent on prooving up a tad more and then selling it off. TSV has Calgary that they appear to be hell bent on prooving up and having a longterm cash cow for future exploration expenditure. The longterm direction with MKE appears a bit less clear what direction they truly want for the future other than being cash flow positive from land sales.
What none of us (well me and a few other unsoph punters/mates) truly anticipated was the total lack of market support from the sale/farm out of Duverney and Rock Creek parcels. I considered a movement north of 20 cents and we have had a pull back to 10 - definately not in the plan but for me, as with TSV, a longterm play that I am sure will have other frustrations along the way especially if I continue to have difficulty in understanding managements longterm play. I actually thought we would be a little further down the track than still meandering down the hope and a prayer trail.
All just my opinion - DYOR!!