Southcorp Capital Inc (STHC)

[No1Uknow]

There is a lot of benefit for an explorer to go public,

first of all funding for drill programs, sometimes it is all helicopter fly in fly out, and drill rigs are heavy, it's not like there are roads, picnic tables, and a campsite.

Next is the sell package, if you are selling a public company everything is open and on record and with an approved accounting system behind it.

Next is the value, drill programs will give you the depth and length of deposit as well as grade of deposit, that turns into an in-situ value for the property and is the ground-work for placing value on the asset.

As a mining investor, ask yourself what is the current market cap, what is the future value of the property (or in this case properties), what percentage of the value will be required for mining... open pits are much cheaper to produce from than underground deposits, but a good underground can be a bonanza

i.e. Gold-Corp attained a $30.00 share value and it had a gold deposit down 400 feet with only one mine shaft to remove tailings

Time is an investors enemy, for the type of return that will buy a house, put a two year time frame on holding this stock. I continue to build a position on the dips, and there will be a few coming up, consider them opportunities. (IMHO)