RE:Which would you rather have?I believe you should add a few other comparitives:
Loncor Resources - 5,100,000 oz+
Rockhaven. - 1,630,000 oz gold equivalent
Loncor Annual Production 303,000 oz + - A BIG MINE
Rockhaven Annual Production < 100,000 oz gold equivalent - a smalll jewel box deposit
Loncor PEA @ 1600 gold = US $ 624 Million
@ 1760 gold = US $ 879 Million
98% of juniors will never build a mine. The only real way to monetize on a junior explorer investment is to sell out to a major like Great Bear did or sell into an active and rising gold market.
Loncor is currently large enough to attract a major. Rockhaven needs to raise a lot of money to grow their deposit.
I agree there are a few lottery tickets out there. The question is which ones have the size and grade to attract a major or investors attention. Their contstant need to dilute impairs future share price performance. A 1 - 2 million oz resource even in a Tier 1 country will not cut it.