Yes it is dead. 4Q19 and 1Q20 earning report seasons have come and gone. They stated they are shipping 1500 tons of ore per month ramping up to 2,000 tons. Not one word on the December shipment that was to have a check in hand early January for the first shipment. With the last assay estimates for the area, that 1500 tons should have been about $500k. Not great, but good for a nothing company. Instead, 6 months in of shipments and no word.
In order to mine in the region, it requires blasting. Blasting needs to be approved and the seismic information would be picked up from most monitoring stations. There is no seismic data which means they are not mining. It doesn't take an audit/accounting firm this long to get the books back in order. All of the past filings should be complete.
If you still own this PoS, you have been scammed. It is as simple as that. People that live in the area have gone to the mine site. There is nothing happening, no one there, no one in the area even knows the people supposedly running the mine. Simply put, it is nothing but paper and the paper is more valuable as toilet paper than gold at this point.
