If the entity known as "GDW" takes in 1,700,000 dollars and spends nothing on exploration, it may be considered an entity, but not necessarily an 'exploration company'. An 'exploration' company is characterized by doing 'exploration'. This is sort of like a charity which raises money for a stated purpose, but spends all of the money on 'administration'. When it comes to the current management of "GDW", we need to be as charitable as possible.