for anyone new here - the reality is one of the main reasons it...

for anyone new here - the reality is one of the main reasons it got as high as 28c is probably because it was nothing but pure hype that they might have something significant like julimar - had they actually even drilled or received any drilling results back when it was in the 20's? no, we are actually waiting for the first drill results now, why is anyone suprised at the recent dramatic price drop or asking why it happened? the run up to 28c was basically based on hype and potential and not much else besides that, the fact that they took the opportunity to raise at 20c was very well timed and smart - they took advantage of the price which was an excellent move, now anything can happen and the company is very well funded moving forward to focus on continuing the drilling at newleyine to get a better understanding of whats actually there or at berinka or both, either way I'm happy to hold and see what happens and what they plan to do moving forward - as people have mentioned there is enough cash to not have to worry about a CR for a while.
All in my opinion only, do your own research, not financial advice etc, IMO, DYOR, not financial advice.