These labs are taking way longer then any explorer I know. I am invested in a number of other gold plays in the area (Highgold on the tsxv as an eg). They also added a on site prep lab to speed up assays this season. They started drilling in Jun 22 and finished in Oct 22 for about 10,000m. Last results for their assays were received in December. So turnaround for worst results were about 2 mths. Last time I was able to speak with Louie he expecting results soon. That was about November last year after the raise.
On another note, whoever said it was likely they are letting the price drop to allow frustrated retail to sell into insto hands may be in the money (see Louie's last comment). All IMO.
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