It seems, from the article, that CGFIA believes that this mine is the most ready to be processing ore in POW. It seems, to me, intelligent to acquire a mine which can produce ore much faster and has been produced in the past 50 years rather than the King Solomon Mine or the Brooklyn Mine. Correct me if I'm wrong, but it seems they are doing good business by acquiring a property which can fund the exploration of two other mines. A property worth an estimated 10 times more than either one of the other two mines. While I do agree that this stock is a risky buy (IMO), I also know that, in stocks, if you bought something with zero risk, you'd get zero reward. One should only invest within their own limits of risk-reward.
All IMO
All comments are in my own opinion and should not be substitute for one's own due diligence. They should also not be considered as advice for purchasing or selling any stock.