Add cash
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.
7
votes
![](https://secure.gravatar.com/avatar/0c3f2e8c27fad28b83eae1c686548d97?size=40&default=https%3A%2F%2Fassets.uvcdn.com%2Fpkg%2Fadmin%2Ficons%2Fuser_70-6bcf9e08938533adb9bac95c3e487cb2a6d4a32f890ca6fdc82e3072e0ea0368.png)