S32 1.34% $3.78 south32 limited

Exactly I dont understand the logic of lets pour millions into a...

  1. 479 Posts.
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    Exactly I dont understand the logic of lets pour millions into a few explorers and hope they find something? seems to be a very hard way to get a tier 1 deposit at least identify an early discovery that suits then start buying in would make much more sense to me.
    Also these land swaps seem to be a huge event in the USA the deal RIO and BHP have just received for the massive copper deposit is mind blowing will the land swaps hold up in court?
    What has been the catalyst for the land swaps?
 
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