RE: ManagementProperties may look good, but you might want to take a closer look a the financing side of things. look at spending commitments on optioned properties. Also, burn rate since the 1.5 mil funding was delt..How much cash is left. Rumour has it, only about 500,000 is left. This suggest they will need to raise cash @ some point soon.. At the current price,.............One does not need to be all that verse to see what that means.. Dilution...Potential CONSOLIDATION.. (steal from those who supported this co. and now ..to BAD.
If it was me, I would issue a number of options and find someone who has some basic sense and strong connections and pay out based on performance.. Get the PRICE UP.. This looks more and more like those stocks that don't move up when the markets moving up, but will easily move down in a selling market..
So, please, before you suggest patients, take a more detailed look and think again...