It's an easy fix Roll back the stock 10 for 1. Now CBS has 11.6M shares out. Do a PP at .15 to sell 11.6M and raise $1.74M. The non-brokered PP goes 100% to someone like Teck. They own 50% of CBS and pump the money into drilling Lone Pine. A new 43-101 is calculated and the property proceeds to a feasibility study. Now you have a company that someone will invest in. Teck puts the property into production as the operator of the project. They buy out the balance of the the 50% of CBS they dont own for $??? before production.
If they don't roll back they are done.