RE:RE:RE:0.18 or lower?I am no mining expert but I can tell you this. Olivut has probably lot of helimag geophysical and Magnetic survey data. It is important to do the analysis. Yes when times are good you drill a 100 holes but it still doesnt matter. That one hole which will give you your resource estimate is the best one to nail. You do give yourself a lot of chances when times are good but you still need to do due deligence. I would let the management take their time and come back next year with better ideas.
I do not think the bear market in resource stocks will turn atleast for 2 years like Rick Rule says. Therefore I would not treat this as excuse from management to get a better share price next year to raise more money. Next year I believe will be even worser than this year therefore even more difficult to convince potential investors. That said Olivut did have that deal with Lind so if they wanted to drill they did have the chance.
In this market one who is prudent with money and drills minimum number of holes for maximum results will survive and they can offord to do that will all technologies like Helimag, seismic and magnetic etc. As regards to price, you are not the first or the last to pick up at 0.18. There are simply far too many people having atleast one eye firmly on olivut and watching like a hawk what they are doing. I can tell you this based on couple of resource investment conferences I attended. They have huge respect for Pierre's judgement due to his stellar track record and people even hold Leni in good regard for her geological skills. You need to have lots of patience with this one. The ones I met do. The question is do you?