RE: banker....First Priority Comfort.....Just a bit of an observation for banker. You state that WGF staked over 1.4 M acres before NAG. This may or may not be true. Show me the fact that it's true. Right, it's just an assumption. Which is okay with me. But did WGF have two world class professionals help them when staking? Also, did WGF know about the Adamas hit of 5m of coal when staking around GXS? That's right. The answer is most likely "no" to both of those questions. But then again, that's just an assumption.
Let me tell you how I see it. GXS hits coal. They quickly stake land around the discovery and try to claim as much as they can. They either don't have the expertise/knowledge on board and/or money to claim any more. So WGF comes in, and starts staking around GXS as much as they can. They think the closer we are to GXS, the better. Then you get your smi/swr, and all the rest of those juniors. But NAG, instead of going crazy around the GXS discovery holes and staking over land that most likely was already staked by GXS or WGF or some other junior, they concentrate on land around the Adamas discovery and stake as much as they can. Why? Simple, the geography is the same as GXS, NAG is helped by two professionals (amongst others I'm assuming) and stake close to 1.4 M. Now most of this is around the Adamas site, where nobody else had a clue that coal may exist.
Listen, I'm not trying to put WGF down. In my opinion, WGF has a great chance to hit on their land. But NAG has a great chance as well. Given that GXS has anywhere from 22-30+ m of coal and NAG has 5m, what do you think will be between the NAG discovery hole and GXS' holes? Right, more coal. Well, as long as the trend points north-west, which we'll find out soon enought. Therefore, in conclusion, both WGF and NAG will profit. GLTA.