It's a bummer that the share price has dropped so much. Time...

It's a bummer that the share price has dropped so much. Time will tell if it's a sign of bad news to come or just a bit of panic selling. I think the concern is that the company is spending money without making any, and investors expect results soon - but hey...what do you expect with a junior explorer?

CODA are possibly onto something good but potentially much more drilling will be required to determine if there is a motherload there or not. I've read that these types of deposits can be somewhat patchy so there will likely be a bit of luck and persistence involved. It seems that the depth of the current samples has been an issue of concern regarding mine feasibility.

The fact that money was easily raised for drilling at a significantly higher share price gives me confidence that perhaps there is great potential here. Additionally, trade volume during this selloff seems low..we'll just have to wait for the next announcement.