Absolutely agree.
There was only a small raise to existing supporters last year and it really was a small raise to allow things to keep ticking along.
They have the big resource, so much highly prospective exploration ground to explore, but no real funds to do the type of drilling campaign that looks required.
A farm out deal to enable some well funded action would be a great move also, but I can see why a script based acquisition of something more advanced would also be a good move.
Basically a catalyst is needed to start getting this into the teens again, or else what will happen is that will be the point where someone tries to swallow the whole thing up cheaply.
Hoping the quarterly at month end will shed some light. Management is good and no doubt are continuing to work hard through the available options.
Add to My Watchlist
What is My Watchlist?
