Largely because it is a D*g that will never get off the ground and has been over promoted for way too long. They announce all these high grade intercepts and when you look at them in detail (eg. look at sections in latest presentation) you see they are one-off hits surrounded by a lot of narrow low grade intersections or holes with NO significant intersctions. Will likely need a $5000/oz POG. I feel extremely sorry for those poor punters who bought into this story at $1.50+ in 2011. Yes, I was duped by the leg-spin, but was fortunate to see writing on wall and withdraw without much blood loss.
Largely because it is a D*g that will never get off the ground...
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