Considering that the recent cash raise was at 9 cents along with a wonderfully priced option for those lucky enough to have the opportunity of participating, this share has done well to stay in the 12+ cent bracket. I have been waiting to see where the funds would be applied other than Head Office expenses and to date have been disappointed. One would have thought that a reinvigorated cash balance should have driven further work on the Companies main project and exploration licenses. Maybe the old adage "No news is good news" applies here. If that is the case then I suspect the market will continue to rerate this stock.
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