RE:news is outThis explains the steep drop in the stock price in recent days. The grades reported are good, but the intercepts are too narrow to be profitable. More study and drilling are needed.
However, the company had already shifted its focus to the newly acquired and massive silver-copper prospect in Labrador, where drilling results are pending.
This story is far from over, and given the backers, the known geology, and the district-scale potential of these projects, I'm holding.
VP in AZ