IMO they need a capital raising- pump out some announcements...

IMO they need a capital raising- pump out some announcements showing high grades U hits, jv may be an option. I agree cah position is ugly, I only hold about 3k $ worth so not losing any sleep over it, I like the tenements and will wait and see what management can pull out of the hat. They could sure use a big solid investment in them in near future, looking at the smog in china decent uranium tenements desrve investment. Perhaps uping the resource size even at a lower grade isn't a bad idea eg. without size and longer life of mine it's hard to get large investers on board, mine the high grade first and bring the low grade into play later for the long term.
just dropping a few ideas out there. They have the goods so decent management have something to work with if sentiment were to change they would fly deffernately tough times for the for the cash strapped thats why they are cheap and high risk.