Thanks shorter.
Unfortunately my knowledge of making money from penny explorers is far inferior to my knowledge of geology.
For me exploration in deep terrains like this gives you few opportunities for share price spikes. You just can't get enough drill holes in. That impressive jump in the share price followed a drill hole that drilled down dip to the best mineralisation found to date, hence the impressive widths.
It may be worth giving these other prospects a go for a little bit and JV this out? I'm not sure.
For me this might be forever on this sidelines due to the risk, but it's an excellent geological project they have. You can get a lot of targeting info for porphyries from geochemistry and even isotope ratios and the like that I assume they are doing which can help in narrowing down the high grade.
I do think it's been oversold but this tends to happen during a lull after a big campaign. I assume the hype will start up again once they top up the bank and announce a new round of exploration. So perhaps now is a good time to get in? Who would know such things?
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