I guess there is a lot of stock that is in the money around...

I guess there is a lot of stock that is in the money around $0.04.

Of more interest is thunder's comment. It is unusual to design a proposed pit (23/03/16), initial scoping work etc, without a resource. Looking at the various sections There will be a resource, it is just not public. I suspect that it is quite small, altho of good grade, that would seem negative to the market. Many of the holes cyy has drilled are at a very acute angle to the mineralisation so the true width will be much less than the downhole width.

Nonetheless it is a good looking project, excellent grade and tons of upside potential.