text: After several years of cut-backs and hibernation, in 216 the Junior Companies started rebuilding their cash reserves. They are now much more active in the field.
  Based on analysis of gold sector spanning several business cycles over the last 40 years, MinEx found that the discovery performance (as measured in ounces found) peaked before the peak in exploration spend. Maximum performance was in the first couple of years after the market bottomed and turned
  To expand on the last point … exploration performance is adversely affected at the top of the business cycle by the high salary and drilling costs and an over-investment in mediocre projects. https://minexconsulting.com/where-what-when-and-who-highlighting-key-global-exploration-opportunities-trends-and-a-perspective-on-the-cycle-of-mineral-exploration/
  You really do NOT need to do work, just trade now. Last year I made 3 times more in 5 times less...just trading,... than working. Sadly, but perhaps not in some respects, my son is now a professional trader. Very smart young man, could have been a great engineer/scientist (still time), ..."but whats the point Dad? "