RE:One of my fearsI touched on this topic a little while back. (I bought ICG at .33 sold at .80 to buy more Nug) I am talking about Integra Resources that was in the same spot we are at. Investors knew the gold was there and there was talk the company should have been bought out for at least 5$. At the end the deal was done at $1.22 in Eldorado stock and a cash.
This is the problem with hanging around the .20 cent range. Even if we were to confirm mineable depositsnow at these present prices where can we reach? 40, 60, maybe 80 cents? By then some major is already thinking of making an offer, when most investors holding are targeting a much higher price.