Rob McLeod as a junior geologist in 1993 at the Red Mountain project, which his company, IDM Mining Ltd., is now exploring.
Rob McLeod as a junior geologist in 1993 at the Red Mountain project, which his company, IDM Mining Ltd., is now exploring.
From the world’s largest multi-commodity producers to the smallest, zombie junior exploreco, to the individual prospectors peddling their properties, the past four plus years have obviously been a disaster. Producers have cut back expenditures and sold assets to either achieve or sustain meager profitability; juniors have tried anything, generally with limited success: from ‘Hail Mary’ drill holes, praying for discovery, to cessation of all exploration work, to scouring for major JV partners…anything to maintain solvency..