ASX: High-priority target areas defined at Pyramid Hill Project, page-3

Your typical hand to mouth explorer will drill 5,000 metres, turn up something that needs follow up but doesn't impress the market overly, see their SP drop, go for a cap raise, raise a bit of dosh to get them through the next 6 months, drill another 5,000 metres.....you get the picture.

These guys can get through the initial drilling, the follow up drilling, additional drill programmes etc all in a few months, with no need to CR.

This is why I think the stock is cheap at 15.5 cents. Because they can do in months what takes others years & its the law of averages: eventually they will turn something up: maybe a 4 - 5 million oz deposit, maybe a whole new goldfield.