rally seems overdone

I have been in and out of these a couple of times. Whilst they have a large resource, it is low grade. And when you consider the mountaineous terrain, it is going to be a nightmare to develop. I like them at 25 to 30 cents but at current levels, seems a bit too rich for their stage of development. It is after all only an announcement about pre-feasibility. One would think they will need some equity ahead of going to feasibility as, from what I have read, they have only drilled 7 new holes (apart from the many holes by previous owners);