Like 30M Shares Out?
Here's a tiny producer with less than that, selling for 10% of RGC
https://stockhouse.com/companies/bullboard/v.rct/rochester-resources-ltd
I'd much rather be pulling for Rochester to mine its way out of debt, then RGC to expand its resource, but that's just me.
RGC has nothing but expenses ahead for itself with no income. Their only hope is they sell early or give away a huge interest to a partner. The trend will be down as dilution and financing are its future.
Explorers are not preferred to producers. RGC is going to go up on reports - if the reports are good - which I think they probably will be... Your only hope is to get out on a peak. The property is 15 to 20 years away from commercial production. Hanging in the whole time?
I like the tiny, current producer - trying to expand on a gold/silver property that doesn't even need proven resources. GLTA