Anyone awake in the pilothouse?? It doesn't matter that the company is "well cashed up", if they can't deliver with the drill, and that simply ain’t happening at all. I think we are all in agreement that this resource needs a significant bump in average grade if it hopes to backstop a positive PEA, and that is only accomplished by strong drill results of much higher grade. That’s just not being delivered by this group. The numbers speak for themselves. I don’t know how else to describe or explain a company that fails to release over half of their 2021 drill results. Over $20 million dollars of drilling that they have gone completely silent on. Not a peep from management as to what those dollars accomplished and might have contributed to their game plan, and not a word from anyone on the bulletin boards questioning their status. Instead, the constant chatter is all about one insider’s buying, as if that changes the reality that the company has just posted its poorest exploration numbers since inception. So will 2022 change that, and be the breakout year that we have all been waiting for? Well so far it has been a solid disappointment - highlighted by two 52 week share price lows hit today alone! Should we expect anything better from a company that consistently fails to release drill results. Here’s an interesting stat. Going back to 2014 the longest duration between news releases of drill results has been 12 weeks (that’s actually the average over the years too), and that has always been the time between results from the end of one year’s program and the beginning of the subsequent year’s. For 2022 we are now 21 weeks and counting!!! Anyone else find this insanely inept? This is so unacceptable especially given that their largest ever capital raises and number of active drills have been in 2021 and 2022. And we wonder why NHK has such a depressed share price. No news means nothing to promote, and nothing to promote means no new buyers, and no new buyers in a depressed market gives us new 52 week lows.
I continue to hold because I believe the ground has great unrealized potential..... and I’m well underwater, but the current management team, and board oversight, has so far demonstrated that they can't keep pace. So no matter how much money they raise and deploy in unstructured earnest, I have yet to be convinced that they will be successful in finding the needed grade and ounces to get this over the finish line. I desperately want to be proven wrong btw.