My recollection of John Defurs comparison of Fancamp and Spider was that Spider has already drilled and proven up mineralization and Fancamp has not. Also that Spider has more anomalies in the area than Fancamp. Granted IMO Fancamp has a real good chance of hitting on the several anomalies they do have. But if they don't hit what have they got left? If Spider does not hit on many of their anomalies, they'll still be in the hunt.

For me the downside risk is minimal with SPider and preservation of capital is important.