It’s sometimes difficult not to get caught up in the excitement...

It’s sometimes difficult not to get caught up in the excitement and raw emotion of a high-stakes exploration play

It can be a compelling narrative - a primal contest of man versus nature, a treasure hunt, a triumph against adversity.

Those with an understanding of geology and/or mining development (either real of imagined) can play with their maps, analyse grades and pore over assay results when announced.

It’s almost like they are working on the tenement itself, getting their boots dusty and chewing fat with the contractors.

A good exploration CEO/MD knows how to keep holders emersed in this virtual reality. They are a story teller. They construct and curate a story arc to capture the imagination of holders.

The unfortunate side of this is that one may sometimes find oneself overly-commited to a stock. Barracking for the company like a football team. Priding ones own ‘loyalty’ to the team, and vehemently confronting its critics