Ann: RIU Explorers Conference Presentation, page-4

I agree. Great presentation clearly outlining the many prospects they have and importantly across many commodities also which could de-risk the company even if just a few of these develop into economic resources.
Even though there are many prospects and there is a lot of exploration to take place in order to systematically realise the potential of these, I do like the way CWX are going about it. They are trying to identify the 'low hanging fruit' so to speak initially in order to build value. Jamieson Project is the most advanced and demonstrating excellent potential for a significant resource. Initial mineral resource for Hill800 due second half of the year. Hill 700, Mt Sunday Road & Rhyolite Creek also look to be very promising prospects in the Jamieson Project and further exploration this year will continue to evaluate them.
While the Paterson Project covers a number of tenements and large area, CWX are evaluating each and identifying high potential prospects with short work-up time frames. To date they have identified 6 high potential prospects on two projects with more to follow.
Jamieson & Paterson projects will be the main focus for the CWX exploration program this year.
Currently CWX has a market cap of about $8M with cash of about $2.7M. This equates to CWX having an enterprise value of $5.3M. It has a tightly held register of just 55.8M shares on offer. IMO I think CWX offers very good value at present and with the initial Hill 800 resource to be released this year and continuing to expand that resource within the Jamieson Project and initial exploration to start on the high priority targets in the Paterson Project, we could see re-rating of the share price relating to any of these.