RE:If Drilling Was The Answer?Well I haven't spoken with Harry though if he can do for NAM what he did with Namaste (20 cents to almost 4 dollars in a year), I'm not concerned in the slightest.
There is a lot of insider capital tied into this project and nobody in management is looking to get out cheap, or run further stock dillution. Many folks I've met have had their eye on this property for years.
You just had 7 million shares bought at 14 cents the other day, almost 1 million dolalrs worth of capital. Nobody is dropping that kind of cash to see dillution or the share price drop.
The optimal play is a JV to get the PEA done (approx 1.5 million) as well as drill more along the newly discovered footwall.
Let's not lose sight of the fact that 20 million has been spent already on the property and some very heavy hitters are either involved or waiting on the sidelines for updated news.
BR