thanks pinks for the insightful analysis of the diminished ( on...

thanks pinks for the insightful analysis of the diminished ( on market) return from a possible successful drilling program to establish an extension of Lost Dog.
It does bring with it the risk of another -on market -Panther response and I'm suggesting that an unsuccessful program will bring a bigger on market response to its market cap than the $150K-200K spent on the drilling.
Could BCN get a better return on that $150K- $200K?
Maybe. If they advertised to all and sundry ' we've got $200K to spend on an option to acquire a JV interest in a gold tenement. It must be within 100km trucking distance of our Jaurdi mill '.
Mind you far be it from me to suggest to these experienced operators how to conduct their business!
But with cash in bank, a growing cash pile and a new mill (which could be expanded to say 750ktpa capacity) I think that a more adventurous program to unearth worthy exploration ground is warranted.