However, if you do not have the mentality of an explorer willing to take risk it is not for you.

Reasonable conjectures made by CEO, geologist James Briscoe:

The geology and history of the region (SE Arizona) is encouraging.

The regulatory environment in Arizona, compared to most of the world, is favorable.

The existence of a strong magnetic high at Hay Mountain (identified with ZTEM) is important.

The existence of geochem results at Hay Mountain consistent with a buried porphyry copper source is important.

The presence and quality of surface indications at Hay Mountain of mineralization is important.

The physical geology, revealing details of specific strata at Hay Mountain, identical to what exists at Bisbee, is important.

The fact that these things overlap and mutually support each other strongly suggests that drilling may find commercial values.

If someone of wealth and daring puts all this together, and develops an understanding in conversation with Briscoe, and if that person has the mind of a Texas-style oil drilling wildcatter, funding for drilling may result.

That would be a good thing for small investors not capable of funding drilling themselves.

The risk to the wildcatter, one that for such a person is part of what makes life exciting, is that drilling will be done and nothing of commercial value will be found.

The risk for small investors is that Briscoe and his network of allies will fail to find a suitable investor, and then that if such is found the result of drilling will be poor.

I think the right investor may be found and that drilling may produce good results. Therefore, I continue to hold millions of shares.