Killer drill results, however pretty deep and this a de-risked open pit play. Has definitely bottomed now. I owned too early last summer and sold out at loss on way down. They are fully permitted through 2025 and were a former producer. It shut down with historic late 1990's bottom in gold.
They had 6M of WC including 6.2M of cash at Sept 30, 2014 so can survive for a bit. Traded over 3M shares last week after these drill results announced. Bottom in for now.
If you have time the best DD is in the Fall 2014 Precious Metals Summit presentation:
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