RE:maybe the recent financials were 'grimmer' than expected,...The SP is behaving like they hit dusters the last go round which was certainly not the case.
Actually some other companies who did hit dusters are trading at a higher market cap
Something is definitely not right. What it is isn't exactly clear.
The overall strategy was not good, they should not of released 2 seperate NRs with the first being a good gold intercept and the second being so-so. Should of only been one NR and the SP may of held in the 5 cent zone for a financing.
Nonetheless, 1.5 cents seems like a decent entry point but it may go lower.
The good news is it can only go down another 1.5 cents before it hits ZERO.