This stock is proof that the level of knowledge by retail traders is extremely low. These guys are basically trying to keep their heads above water by spending loads of money on exploration. The whole company hinges on the next find and then they dig that up, then more exploration to find their next meal because their crap is so damn scattered.
Meanwhile they keep their share price up by announcing iron ore finds and other optimistic announcements, so it's easier for them to raise capital for the sole purpose of keeping themselves alive.
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