Investing in Junior Exploration Companies

I always tell people also to look at the exploration budget of those bigger companies. It would be like if prospector, we're a mining technology firm, if we weren't investing in research and development, don't invest in us. Because we're not going to be coming out with anything new. If Barrick tomorrow found a 5 million ounce deposit, it's not going to move the needle on their share price. Whereas a junior company that can come up with a 5 million ounces deposit can certainly give you a lot of multiples.