Cocooning Period. To paraphrase Jay Taylor, once our $1.5MM financings are completed, we will be in very good shape to sit out this period of doom and gloom now being faced.. I would expect little to no drilling this season. Surface exploration and trenching at best.
Basically in a stand down and sit and wait mode until things turn around. Good time to accumulate.
L.
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Suggested reading..
Why one-third of mining juniors are running on fumes..
https://www.mining.com/the-single-scariest-chart-showing-why-most-mining-juniors-are-running-on-fumes-73866/
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The surprising resiliency of junior miners..
https://www.mining.com/video-sandstorm-golds-ceo-on-the-surprising-resiliency-of-junior-miners-54262/?utm_source=twitterfeed&utm_medium=twitter
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