each to their own guys,
some will say give me a spec that is worth 10 mill with not a drop of oil to show for it, others will say give me a 100 mill mc with flow rates.
One has greater capitol growth, the other more certainty.
But the one with more certainty, will also grow.
I prefer mineral plays for specs, where at least you have 200meters at .7% copper etc, you have something tangible to put some cred into a resource.
Anyone here recall GGX recently, all hotted up, and guess what, dry well.
Fair enough to the longs, if they are comfortable with managment, and agree, its cheap, but for mine, as oilers go, i'd like a bit more of the measured than the potential.
cheers all.
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