100% true for normal miners. But this is not trading at .10 because of the gold price or dollar strength. Mdw needs to get an extension/deal with its senior lender to survive. It should pop to .30+ in short order if that occurs, or game over. I think they strike a deal with a 6 month to 18 month window to improve the operations at Pan. Ive got 780,000 bets on this thesis. Cheers Van