VD you are correct and the share price was close to 30 times...

VD you are correct and the share price was close to 30 times higher than it is today, so what went wrong? Gold price continued to rise and share price continued to fall. Do you think someone was / has been guilding the lily as far as the amount of gold, the cost of recovery or both perhaps, surely if it was as good or better than has been repeatedly spruiked that it would still be under the control of the same management still diluting shareholdings with private placements and share purchase plans?
When I first traded this there were circa 300million shares on issue and they were talking 5 year plan ramping up to 300million ozs , the story remains the same except there are circa 3 Billion shares on issue ,the share price is in the toilet, they have sold the processing plant,they are mining and producing nothing, they have no finance and are still under the control of the same management!
It may be 600% from its low but on what , nothing other than a comment that the required finance would be in place by the end of 2020, we are now 3 months into the new year and not a mention of yet another financing deal that failed to materialise.
There is no down ramping only information from freely available material contained in company reports and some personal views which are not investment advice.

DYOR My thoughts and ramblings only
Caveat Emptor