RE:RE:let me clarifyI am not sure why you guys seem to think they should be drilling deeper? Needless to say that makes no sense when you are trying to get to a first resource of a large low grade open pit. More is better and the deeper you go the higher the cost and the less holes you can afford. Additionally, the holes were plenty deep at approx 365 m.....
Needless to say you start to dig deeper later to see if there is an underground component below the pit. The stock price is where it is because all holes except 1 appear to be too low grade to be economic. That could change as the drilling continues. Just one more good hole would likely see a nice jump in price. In the mean time sort of range bound .10 to .15.
There are alot of low grade deposits out there some with 2 to over 10 million ounce resource wich are not worth very much and these guys do not have even a resource yet let alone a PEA or a PFS or a FS long way to go and what about 200 million fully diluted shares out already? Famous retail myths everyone that approaches thing realistic is a basher and someone is holding the stock price down. It is what it is until it isn't. It is a good lottery ticket but just that so far!