I can't get too excited about another acquisition. Look at the last two properties we acquired a year ago and no exploration plan in sight and so far zero value to shareholders. Maybe we start exploring Arizona properties towards this fall. It will be 2014 till we get results and any bump from that.

Yes, there are probably dozens of fire sale deals on exploration properties. I dont think finding new properties and starting from scratch is going to lift our massive share count in any meaningful and timely manner. Proving up a new property and flipping it for a big gain will take years, the right geology (luck) and an improving market.

That said, I guess we need more than two very small properties if we are to continue on as a explorer. We dont have much choice. yippee