Take a look at their recent announcement. They hit a bonanza grade with decent widths on an RC drill and they did a DD drill oblique to and intersecting the area of mineralization. There is clear gold in the sample over greater widths and now we're just waiting for assays.
So even though we hit a ceiling at $0.039, with the gold price behaving as it is, and with catalysts on the horizon during Dec including a maiden MRE, it is quite probable that SHN still has some way to go, given that it is coming off a >5 year low.
