Written by Burgex Inc.
Mineral exploration is an investment, and like any investment, due diligence is the key to reducing risk. With so much hype and focus on potential returns in the millions or even billions of dollars it is easy for investors and potential investors to lose their grip on reality and the basic economics that are a driving force behind any mining project. There are certainly many great projects and opportunities out there to make a great return in the mineral exploration arena, but there are also great risks and pitfalls that we have seen investors fall into time and time again.