well some here have me blocked, but as I've repeatedly said...

well some here have me blocked, but as I've repeatedly said - I can't see anything in this company that justifies the current valuation.

IMO it should be up there with the doe eyed IPOs at around $20m. maybe a little more for a proven resource (that may not be able to be extracted...).

unless there's substantial news in the coming days/weeks I'd say the pain will continue unabated.

and I'm not talking about pie in the sky, grand ambitions (which the current market couldn't care less about), I mean real material news.

and then there is, ofc, the issue of the drying coffers.

having said all this, I bought a little last week. on the optimistic view that the company might be going to shed alpha. which will put money in the kitty, and IMO massively simplify any goethetmal plans