RE:Hanging on but this sector is getting crushedI bought this stock when they merged with North County. I sold on the way up as I didn't like the Committee Bay project. I thought and still do that going into Peru was the right thing. I have a big question mark on this management after raising like $50 million and having results like 12 m of 4.7 g/t Au. This will not make it up north. The only hope are the Peruvian properties. Only the Sombrero property interests me as the other has been drilled.
I see them having like $3 million the bank at the end of year trading around a $1.50. They will have to raise another $30 million for next year's exploration.
Looking to jump in again after I see some progress in Peru and see all their results in the north. January is a good time to meet management at the conferences. Unfortunately I tried few times and their CEO was never there! Not good.