RE:RE:1 share for every 600 shares since March 2014, under 9 yearsI sold 25% of mine at 4 cents late last year, but unfortunately that was all (overall my loss with this stock is well over 50%, as will be with many others here I would suspect). I interpreted the drop to 3 cents as due to tax loss selling mostly, as some undoubtedly was, but incorrectly thought they'd do a JV or sell a property to raise cash.
Note that they didn't decide to announce funding at the time of this annoucement (say raise $2 million at 30 cents post consolidation), so the lack of funding will allow the price to drop further.
Like I said in my other post, I think Ron N. gave a boost to the stock just by virtue of his reputation and possible assistance with the Forrest Kerr and Justin deals and exploration programs. Now that he's gone, who knows.