Wednesday, May 08, 2024 10:44:34 AM
Junior exploration companies go around cap in hand begging $$ from potential investors (institutions, high-net-worth individuals and retail) by promoting their wares (the exploration opportunity) and the potential for a very high ROI if they explore, discover & drill it for 3-5 years and turn it into a potentially economically viable and mineable mineral resource. Extremely high odds against success of course, but that's the nature of this business.
Y'all really don't understand this business, do you? Maybe go back to weed stocks? I hear they're gonna do very well if Slow Joe and Carmela legalize the shit to improve their reelection chances...
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