Tuesday, August 16, 2016 11:26:32 PM
My guess is when the penny pinching ends and when we see them begin to actually issue PRs again, that's when they've finally begun to get their ducks in a row and when the share price will begin to follow ALL the other junior miners which have gone bananas.
That's the beauty of this one, it's a junior miner with an incredible share structure to share price ratio (ie dirt cheap market cap) that hasn't ran at all this year (it's down). The reason is because the company went quiet and more or less went dormant, and as a result the share price is now amazingly oversold with very small amounts being sold on the ask at these levels.
The reason I like this one so much is 1) it's not too hard to imagine the company finally get some sort of financing arrangement going and begin working towards actual production and 2) any sort of hint at that sort of plan/update would send this through the roof. It's share structure alone makes it attractive but because it's a miner it's potential skyrockets even more. If more people understood how much of a jackpot this lotto play potentially was, more people would be scooping some of these tickets and stashing them.
All IMHO.
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