RE:RE:Resource numbersif its "too early" for an exit then we have all wasted 5+ years being around here to be perfectly honest. UNLESS there is a concerted effort to get out of this copy-paste approach to running their business every year then we will be "too early" for another 5 years. They shift this for $3+ cad now and everyone is laughing anyways.
It seems their drill results are always pretty stellar and so my question then is WHY have they not done an extensive capital raise to ramp that up instead of farting around with small PP's and small drill campaigns every single year. You end up in a scenario like we're in now...the stock performing horrendously on the 1 year and about an 85% swing when you consider how gold is performing.
The group outlined a 3-5 year plan and have failed. regardless of if exploration is hard...ive said it before...doing the same thing over and over again is the definition of instanity and this company seems to be content with that. Sure, if they raise $60m and and dilute but also ramp up drilling 10x over the next 2 years that will likely satisfy holders and see a sp increase but short of that I don't think anything is going to move the sp and keep retail investors/family and friends content unless its a sale in the near term.
It's all well and good to tell people to de-risk/diversify and thats obviously sensible advice, however, thats a different discussion vs being vocal about the performance of a stock you're invested in.