It does come down to what they find... however, good management teams can consistently identify projects where they will find something economical. Most will just take the first land offered with rock chip, grab samples or XRF readings they can sell to raise enough capital to fund their lifestyle. Again, that's 95% of companies in this end of the market. Professional turd polishers.
4CE Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held