RE: What's going on? Hi golddigger,
I agree it doesn't look like much is going on. It was driven down to 1 cent a while ago and then had a nice spike to I think 0.04 but I didn't average down unfortunately as I didn't have the guts. The last M D&A I read indicated that they had raised $750k which I think was going to cover $600k in debt but certainly not enough for exploration. Recently they postponed their AGM with no notice as to when it will be held. In my opinion, they may just be laying low trying to conserve whatever cash they have waiting for more favorable conditions for raising money.
i've seen some articles about Mexican Silver plays lately so maybe that will generate some interest. I agree that the resources look like they are in the ground.
An insider bought 450k of shares a while back at 0.035 and has not sold so that is one positive. Unfortunately until the whole junior silver market moves up this might be like this for a while. IMO
all the best.
KnowledgeSeeker