From a couple years back......I had seen this at abut 22 cents....got a few shares then and sold after holding for a month with no change. Obviously gold has shot up about 700 dollars an ounce and they are closer to production so the profit margin will be VASTLY improved, and now drilling 10,000 meters to hopefully expand the high grade resource and get an updated resource. I did notice that the CEO subscribed to about 3 million shares at .14 cents in a PP using his own money I think last year with gold still 500 to 600 dollars lower than today.
Yet non-stop selling at 14 cents with gold at almost $2000. Very counterintuitive.
Lack of confidence in management? Thinkng that a lot of further dilution of shares will be forthcoming before gold can be poured? Don't mean to stir about another round of pro/con debates but I can see both sides....I think it depends on how they end up financing the remaining cost to achieve production.