RE:RE:RE:RGLD-Wedged Between Bonanza Gold PropertiesExactly goindeeper.
I get frustrated with the whole "drill, drill, drill" mentality. Drill, based on what? As I stated before, and you said, there needs to be a systemic approach to exploration to work towards developing drill targets. Nothing burns through cash like drilling (and helicopter use)...or both combined.
It's obvious that Ryan is not a fan of dilution. Shareholders should applaud this. And the fact that he now has over 30% of the shares o/s makes him a bigger proponent of a tight float. So we know the cash will be spent wisely, getting as much bang for our buck as possible. He has stated that there is no government assessment work required for 2019, so this is also a huge bonus.
So really, we just need to get a "lay of the land"...mapping/prospecting....sampling...stripping/trenching....more sampling and see what areas of interest we can uncover on the property. He has also said that he wants to apply new thinking/models from Dixie exploration/development to the Whirlwind property so that bodes well as well. Like you said, we can benefit greatly from others' exploration around us.
All in all, I'm quite excited about how everything is developing with the company. It's going to be interesting moving forward.
Have a good day!