RE:RE:RE:News - graphite projectOk, here is my response from the other side of the discussion:
--These stocks that have very small to no volume at times can and do fall far below a yearly average. Means nothing. v.PEX fell to a nickel after one or more frustrated investors threw in the towel after a single drill hole result. Last trade was 36 cents.
--You keep saying that they won't have money to explore when they clearly do have enough. Explorers routinely use up all of their working capital to explore - that is what they do - explore. If they come up bust they will do another financing at a lower price or consolidate shares and management can get paid at that time. They do have enough liquid assets to complete their planned exploration this year. Nobody said that they could do a major drill program with current funds.