RE:SMC should be selling JOR instead of XNDI agree somewhat, but both JOR and XND have been mildly rising, XND has been raising cash and waiting on drill results... if any of the holdings hit on something significant SMC rises in value, but I think our issue are in some of the other holdings... be it failure or lack of results... but yea it seems management has painted themselves into a corner as they are pretty much out of cash and raising it will likely be difficult... it's kinda wait and hope we get a big hit somewhere...
I believe our downfall is investor's like myself didn't exactly understand what we are holding is like an exploration fund of sorts... I personally thought we invested in a explorer and turned them into miners after they completed testing... also the boredom of sitting around waiting for action caused people to cut bait and run...