Gee GoNuke I have been saying what you are now saying for the past 2 years when the SP dropped from $2.00. They have not got a good resource and poor management so end result is bad news for all LT holders. I myself copped a loss when they went to 80 but I have serious doubts you will see that again.
Let's face it their resource is low grade and they have been looking for a licence for the past 2 years. Who was that HC poster who used to say "we gonna build a mine, all aboard TOOT TOOT"?
IMO this company will never build a mine and will more than likely accept a T/O of around 40 - 50 if you're lucky!
mining licence, page-17
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