I think you're right Option1 --if there was at least a sniff of good drilling results out there the SP would be back up towards the 10 cents mark . I think the company is being run by accountants not geologists , so it is difficult to work out whether they are mining decent ground or the shareholders' pockets !
I am so disillusioned with this dog -- bought in months ago at 12 cents based on hype , but results so far are extremely poor .
Perhaps a change of managemnent is warranted ?
Boo Hiss .
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