Shares in all mining is high risk when commencing as explorers...

Shares in all mining is high risk when commencing as explorers as the percentage that makes it through in its origininal firm is very rare. However very surprisingly the chance of a sp rise during or pre drill is quite high. The key is to be pragmatic and be ready to bail if results do not follow and TA falters. It is this very reason that adv is appealing as it has diversity and rarely for a startup is progressing on 2 prospects with 2 separate sectors. Hence it is a hedging of bets. So yes high risk but if one waits for derisking then one needs to pay for it and wait long for sp appreciation.