Cash is king for resource exploration companies. Cash position is the prime indicator of a rising resource exploration stock when combined with experienced management. Cash on hand is a basic fact that separates prospective winners from the hundreds of non-performing Canadian listings. Only management with a record of success can raise significant funds so cash on hand also serves as a useful judgement of management. These basic facts of life can be missed by investors unfamiliar with how to pick winners among the hundreds of exploration company listings.