Great posts. Appreciate it.
For the record, I think McFaulds has terrific potential. However, it's HIGH RISK, HIGH REWARD. There's only a finite amount of time to make good on this opportunity. Each month sucks up venture capital money (yours and mine is part of that venture capital). The sooner a strike is made, the sooner the share price goes up. If the share price goes up, then new private placements can be made. But who cares, for example, if this happens at $2.00 a share for SPQ!!!
Clearly, from the timelines Metal Guy posted for VB, Dick Nemis's 12-18 month timelines is aggressive. But the world needs another top tier base metal find (not to mention precious metals) in a stable, democratic country. If Double Eagle gets some more great drill holes, and one of the other juniors like SPQ does the same, a betting man may soon shed tears of delight.
Although Dick Nemis is a promoter and deal maker, he's no Robert Friedland. Friedland got lucky, real lucky. In some ways, Nemis and Harvey got lucky with DE1. But it was their drill platform, not someone else's.
Moreover, Nemis understands how important it is to get JVs in place. I know that Polylabel gets concerned about the loosey-goosey nature of JVs, but this seems to be the world of junior miners. Until a solid picture of the Double Eagle geology is drawn, no major is going to step up with big money and a lock-solid contract. My opinion only.
Keep the great posts coming.
Snug