"Never drill; it destroys shareholder value."
The sooner you drill, the sooner you confirm to shareholders there is nothing down there.
The trick to living off penny exploration stocks is to spin out the hope for as long as possible.
You drill only as often as you must to make it look like you are a genuine exploration company.
Not sure if this philosophy is in play here. But, they sure don't seem to be in a hurry.
Ann: 2024 Annual Report to Shareholders, page-8
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Mkt cap ! $12.88M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $33.93K | 11.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2343333 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11615077 | 13 |
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