They could generate better targets. Red Cap may just be a distraction for new players. What about some low-cost higher resolution gravity to map out mafic / ultramafic units and density contrasts therein, and then take it from there to hone in on new targets? IMO, some of these FR hopefuls seem to be less methodical and too dependent on these big fixed-loop high-powered EM surveys which do an excellent job of making targets from stratigraphic graphite and pyrrhotite. Consequently blowing exploration budgets and shareholder expectations to pieces. As seen time and time again over the last 3 years.
BOA Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
