RE:RE:A theory re YGR true or not ? I could not disagree more with your strategy.
The reason the 'nickels" go further here is because of the focus on the current landbase and the let's say "operability" of the newer equipment.
Trying to operate outside the physical parameters of this land base makes no sense. The edge is lost.
Buying old junk so that you can reclaim it on some government program isn't a business. It's a bad idea.
The Chambers lands are an example of the proper strategy in action. Get new lands not littered with junk. Drill them up and prove the resource all within your base.
YGR doesn't need more lands. There is plenty of drilling locations, even prior to Chambers. Look at PRQ if you want to see a company with no running room. YGR has way way more options...
The only thing I would look into if I was the CEO is some of that Glauc that Bonervista is drilling up by Chedda. That to me is interesting... maybe not to them, not sure. The beauty thing about this company to me is the restraint and caution they take with capital. They aren't flailing in 10 different directions.. when management is cautious it can give a shareholder a better reason to hold a larger position..