I sold out recently. They have a really great deposit here, but the way this is being managed is amateur! Who releases two scoping studies in the first place, then does a PFS all within a year! They have 4 or 5 million in cash left now, which is now not enough to finish the PFS (note, the last raise they said capital was for the PFS and scoping study... so they got that wrong). The drilling of the other potential VMS deposits is delayed due to permitting (probably till after September sometime). I really don't have all that much faith that they can get the job done. It also leaves me a bit wary of the numbers in the scoping study and how they may change in the PFS. There's also been numerous schedule shifts over the years (and not small ones).
Will sit on side lines. Raise came a month after quarterly last time, when they only had $4.5 million left. Will probably see something similar.
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I sold out recently. They have a really great deposit here, but...
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