Ann: HIGH GRADE DRILLING RESULTS AT LA DEMAJAGUA- DFS PROGRESSING, page-76

there is a bit of a supply to get through but that is the result of the cap raise from October (i think it was around ~60m shares issued with a 2:1 free attaching option) so a lot of those investors who participated most likely are going to hold onto their free options and will be happy to sell their shares close to the cap raise price of 7.75c - it is a very low risk trade from their perspective and you can't blame them as they still get the upside with capital outlay almost Nil.

but on the positive side, once we do get through that overhang which may take a catalyst such as the Jorc, i believe it will move up fairly quickly as the supply reduces and there doesnt seem to be any need for a CR in the short-medium future. Brian has implied there may be 1 more to help with the construction phase but by that time i would suggest our market cap would be > $50m considering that development funding would also be secured at this point which is one of the final risks in my view.

This stock fly's under the radar too, try find anyone on fintwit talking about it and you cant. and there is only about 10 of us on here who regularly post as well who are most likely responsible for a lot of the demand of late.