RE:10 cents10 cents tomorrow?....LOL. If this stock ever goes to 10 cents - assuming no irreversibly bad news - I am buying more like a mofo.
It might be dead money for awhile, but permitting is NOT off the table indefinitely. Back River has 7 million oz of high grade gold, at 10 cents you are talking about $3 an oz! And what about the other properties? What about the Hackett royalty?
I'm not saying it isn't a risky proposition, you could certainly lose all of your investment. But SBB was always a speculative bet. The risk-reward was great at a 55 cents (my cost basis), but it would phenomenal at 10 cents.