I agree with Vaughn. Watch these players: DML, CYP, MGJ.
They are partners with NAI in Voisey Bay area. They've all
been going up.That leads one to assume the price action is
due to nickle exploration. Watch for press release re
drilling this spring. Price should run up to drilling time.
Also, watch TYS. This will be harder to judge since TYS
has a number of plays. ABZ has half their property in a jv,
DSP has the other half. If you see TYS moving and NAI is
moving, it could then be the diamond play.
The small companies often have numerous jvs because they
never have enough cash to do the work--ground geophysics,
fly over grid, sample taking, lab work, drilling, more
lab work. Most are out to find a deposit, then sell it.
They're explorationists. They want to get property, prove
its got something, then get out and start exploring again.
Hard to keep track of all the relationships. |
