Streamlining operations.....And cutting all unnecessary expenses, that's what any good mgmt team would do when you're a small, speculative exploration company with limited funds. And i totally agree with this move. The Sun Dog asset was a long shot Hail Mary at best, and better for them to focus on their better, higher probability assets. Even with Sun Dog gone, they still have quite a decent amount of properties in their vast portfolio. Which for a microcap like them, is quite extensive.
With this recent move, along with previous divestitures, it will enable them to focus more effciently & dedicate more time on their bread & butter properies like Davidsone River. Which imho, is probably their BEST hope & chance to hit anything meaningful in terms of U grade. So let's see where this goes from here, they should be drilling soon. on one of their main assets and i dearly hope it's Davidson. All you need is one decent hit of decent grade, and its off to the races and it will propel the stock 3X, 4X, 5X.....or even possbily more depending how GOOD the results are.....
GLTA