Dumped, page-130

Guys there’s enough cash for another year to run the company if there is drilling success at Riqueza early next year the SP should get up high enough for those options to be in the money. Most of you will probably sell some stock to fund the options and make some profit as your have all earned it.
Those options will kick in over $3million without a CR.
Down side is there will be over 5 billion SOI.
Even if Riqueza is a drilling success S32 will have 70% of it but 4-5c per share looks bloody good from here, and that success will be helpful in negotiating other farm ins.
Worst case scenario Riqueza is a “duster” (seems unlikely Dr West even convinced me something is there) and you end up giving assets away far too early for much needed money or worse still a share consolidation and then a CR to fund exploration, doesn’t bare thinking about!
This dump was going to happen, but there is only thing you can do, wait, wait for drilling early next year.
If you recall I posted a timeline for the discovery of Cerro Negro, an 8.5 million oz asset.
Deep drilling is expensive and they need to be as sure as they can that drill bit starts in the right place.
All the best.