well..
Most of the shares sold by RBC but that wasn't Chuck. Maybe he gave shares to a family member and they sold them off. But all the trades on the venture exchange today. So I guess it's wait and see.
They still have 1 drill program coming up and they still have the Juno shares so it's not over. But it's trading below the breakup value of the company. If they sold the Juno shares they have the cash to drill even more.
But this is going to be tricky. They might not sell the Juno shares and we could be looking at a 20-1 rollback then a PP to raise funds for drilling.
Who knows.. but by end of summer we should find out.