RE:RE:RE:Reality Whatis, Smarter investors than you just spoke loudly and confidently. One put $2.5M into the gold assets which currently uninformed investors like you would value at nil and my projection is that could add $50M in market cap valuation to WHY if successful. Another is willing to put $12.5M into the company to advance the magnesium project. Galaxy Mag is private but take a look at who the team is, and you might have a sense that these are smart people who see a blue sky opportunity to market a high growth metal, and if you botherered to read their news then you might know that they announced news that they are working on a deal with a processor. These deals are not fully derisked since it will take some time for everyone to do their DD, but they are certainly credible enough to put some probably against and you can bet your bottom dollar that these entities will be buying up shares on the dips. Potentially if someone really wants the asset then they might need to pony up and buy the asset too, only this time it will not sell for $750M, although if you double that number, well I would probably want management to take that and move on to the next opportunity ... which might be the gold. My guess is no offer like that will happen inside of 2 years but you never know.
This stock might bounce but it is generally headed to $200M market cap within 6 months and $500M by this time next year ... so good luck trying to drive it down for those you work for.