Key will be what insiders did today It will be interesting to see what Insiders did today. That will likely lead the way for tomorrow.
Cash is indeed king and given their current cash value of ~50 cents/ share, you have to ask yourself, would the company sell the company for .295 cents with that cash to hold them over, and 1 million ounces that they will likely add to?
A company could come in at this point and take all their cash and exchange them for stock. You can bet that kind of deal would not be done at 30 cents.
Tough to say what tomorrow will bring, but my guess is that .295 cents will be a good buy in a week, month, and year's time.