Post by
PeterThomas on Jul 30, 2022 1:54pm
insider purchase may have hit low at 13.5 cents
Exploration prospects are dismal. They have lots of data but they are on to nothing. Yes, they still get paid fat paychecks for their efforts with zero results.
Now, gold no longer closing in on $2K but is coming up from $1762 (July 28th). Looking stronger irrespective of the dollar movements.
They should forget the exploration or reduce it dramatically. Go to 400-500 tpd milling operation using existing reserve/resources that is sitting in the mine itself -- 1M ounces.
With tailings they can easily do 20,000 total ounces annually next 2-3 years. And thereby get the stock price higher to again explore in earnest. No more effing dilution please !
Shawn : You are the CEO now, so get your shyte together !