RE:Overhang looks gone ! Couldn't agree more hotstock, seems like we do share the same vision quite often here! During the tax loss period, most shares have gone in strong hands, roughly 4.4 millions shares picked up by management these last 2 months. With an exciting exploration campaign underway, a solid share structure and a PEA in the making, I don't see much resistance ahead of us.. Once we break through 50-55 cents range this can easily begin trending upwards reflecting a better valuation per lbs in the ground
While Q2 is approaching several elements can potentially get clarified such as; 1. The economics at Pine Point, 2. Testing the gravity targets / early stage exploration results, and 3. The overall macro economics outlook / zinc prices. Sooner or later, the stars will be lined up and we may start seeing interest from the majors, with a resource greater than 50Mt as a base case, and also demonstrating viability, Pine Point is entering world class territory which can represent better visibility moving into 2020