Nothing wrong with your outline but don't get stars in your eyes at this early stage of exploration. Yes there are plenty of targets in the sights of all the players but only Noront has one that looks even close to economic. Noront isn't there yet either.

There are reasons to speculate that these juniors will find something and it has happened before in Voisey Bay and a few other now established mining camps. Just remember those PP guys are traders and they'll take a profit from you, me and anyone else who decides the stock is worth more than they estimate it is. Don't think they don't get burned quite often either, that's why they want to make more than double on their investment (more like 3 to 5 times their investment or they won't play).

At this point in time even Noront has not proven up an economic deposit in the 'Ring of Fire'. Close but no cigar yet which is why the share prices are where they are.