"And yet the MC still sits below $20 Million for a PRODUCING miner!! Please tell me why??!!! "
I think a lot of people are waiting to see how they finance the sorby and clear the debt.
The yearly report showed 18mil in current liabilities, plus the 10 mil in convertible notes.
It was the R&D claim that kept them in the black last year. They will need a solid performance to stay there this year.
So still a bit of risk.
For me , I like what they are doing, how they do financially over the next 12 months will be a good indicator.
They seem to be sitting on some good ore, and defining more and more of it.
Im not adding at these prices, but could be tempted if a bargain was to present
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"And yet the MC still sits below $20 Million for a PRODUCING...
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