I'm with BCDOM and explorationguy on this. Every gold producer is also an explorer, of necessity. No matter how successful a gold company might be, if it doesn't replace mined reserves, it's on its way to extinction. No matter how much PDG focusses on bringing Magino to production, I would be pissed if they were not also looking for other possible deposits to develop. Besides, this is exactly what Brian said they would be doing ... I'm just a little surprised it took them this long to find something else to explore.