unlimited exploration upside, page-4

This stock looks out of favour lately.
Wasn't that long ago the sp was just above $2 and yet there is a higher ni price now than back then.
Company back to good divvies,production okay and over 100m in bank.
Just seems sentiment in mcr is very poor and not attracting much interest.
1. I can only think of 3 reasons why,
Too much cash in bank not working for them.
Perhaps they could have done a special div or buy back etc as I don't think they have that much forward capex.
2....Production from several mines but all relatively small and still looking for their usnob but don't hold your breath waiting.
3..A one trick pony with ni only.
I have high regard for management but at times,I think they are a bit too conservative.
I have held mcr for quite some time and will be tempted to get more if the sp keeps slipping.
But wonder what the bottom will be.
Any ideas as not into charts etc.