RE:RE:RE:after looking things over While I agree a RS is a bad word, heck call it terrifying we once again are in need of money.
Roger has stated there will be, not maybe further drilling. We are under $4M in cash which means we will see a RS or PP soon. IMO
Not sure what we expect to find in yet another drill program, unless we pulled grades like ISO (ISO is basically valued the same as UEX which is crazy considering no RE.) We just won't see the ROI right now, adding pounds in the ground is great but we aren't getting any value for that right now so why deplete our cash further.
On a side note, I agree that we should see some new money enter the space with the current slide on many exchanges. While I don't believe the initial SP will move much when this happens it is a great indicator of better things to come.
Trying not to sound too pessimistic, just been an UEX investor for awhile and have taken beatings for the last 2.5 years. GL