RE:RE:RE:RE:RE:RE:RE:Drill at 1600m on June27thPeople see it they just wait for the market to turn.After all we are in a bear market and it could go lower. It is like that for all mining stocks large and small.
the majors have plenty of cash at this moment to jump start a buying spree but the juniors that are worth looking at are so beaten up that they are not selling even for a 100% premium. It makes no sence for them to give their gold away for 20 or 30 dollars when they got 60 to 100 a few years ago.
In our case it should be at least 200 dollars because we have high grade in town low production cost.
It is only a matter of time and the stand off that we see now will be broken. GP knows all this and has elected to keep adding ounces is in our best interest even at these expencive financings. We all hate dilusion but he made the right choice.