"Nash" and "Silver"...I spoke to Mike about Nash at length and basically his response was that there is little point in popping more holes in the ground there as the company already knows what they are sitting on. It would be a waste of cash resources to continue to "prove up nash". If you think about it, in some ways, "Silver" is actually "proving Nash up" and at the same time adding some spice to the mix. Mike has been fiscally responsible in my opinion, and stands to gain along with the rest of us with a share price increase. It is my understanding that He believes a mine will exist at Nash... It is not so much a question of if, but when. If nothing else, It will likely take a JV (from our conversation) tom raise enough capital to put that in motion.
I personally would not be surprised to see Mike build up the total mass into a large enough project to attract a buyer, but I doubt he will "give the project away for a song"... We have the goods, but Capital is short and Mike is carfully considering this part of the equation.
If it goes to .06, I promiss you, I will find some cash to add more.
Cussy, the Windsurfer:)