THX Price Direction?, page-48

Sorry, but RB resource is worth zero. Its only inferred, too small, and too high an SR. Unfortunately, for all the activity and glimmers of success, THX has shown it is not a base metal explorer. Publicly, at least, the RB drilling was treated like a numbers game, in spite of the arm waving that was affected. VMS styles need much more insightful thinking than that. To assume you have that capability in-house is a mistake most juniors make. Best thing they could do now is JV the ground out to someone who can bring that insight.

The good news is that THX are back in a zone they should be more comfortable in: gold. Whether its fatuitous or planned, I think they're onto something at GG. The hurdles for gold production are much lower and the rewards potentially greater than base metals. After and ill-fated sojourn into U and Cu (hindsight, I know) they are back on track for meaningful discovery.