RE: yummy "Tons of potential but wrong people leading this ship. If they waste the last of their cash on a PEA or any technical studies it's done."
Ok, why are management the "wrong people"? And, who would be "better people"? What should they be doing? Raising money for exploration now would be dilutive so they are doing some geotechnical drilling and completing the PEA.
Seems they are somewhat at the mercy of the markets no matter what they do - if the pog continues under pressure . . . not good. If the pog firms, and the markets again take an interest in juniors with an NI43-101resource, then perhaps more exploration will be on the agenda - hopefully with less dilution. Still lots of targets on the property that need to be drilled.
Meanwhile, completing the PEA (expected within the next month or thereabouts?) could put the lake problem to bed, provide some comfort to players big enough to influence the share price and buy some time until the market pendulum swings the other way.
Conserving cash as much as possible right now would seem logical . . . although there are now a number of good salaries going out the door every week, whether or not anything is acomplished, and that does become a concern.