Joeborgo,
I decided to do my own research and you are correct. Watso's figures in this case are incorrect, however, they are still in a little bit of a precarious position money-wise. $200K in exploration expenditure doesn't go very far so one must assume they have not been very active this quarter. 300mill shares, 2c a share, marketcap of $6mill, so probably about right in terms of where many speculative stocks of their nature are.
Who really knows where this is heading. Based on the market dynamics changing for the positive probably upwards.
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