I can tell you how the exploration is going - it isn't. LUM surrended the tenement about 4 weeks ago without doing any exploration. Because it was dud land. It was used as a tool for someone to get some LUM freebies. The land can be pegged within 1 hour by someone, but I've investigated it and it isn't worth the $3-4k to do it.
Are there are refunds to the LUM shareholders. At what point did LUM decide not to do any exploration on the tenement. When is LUM going to tell us that they surrended the tenement? Was a pretty positive announcement this time last year. Maybe there is money to be made in getting dud tenements and then selling them to LUM for some shares and cash.
Maybe I'm just cynical.
Disclosure is important, regardless which direction the share price is going.
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