Of course there will be a reverse split. Of course the future hangs largely on whether or not the out-side-the-pit projections are good, based on the new drilling. Of course this has a market cap higher than most companies with a reported 450,000 ounces [which is the pit amount]--it should.
On the plus side, Honig has been buying a lot, the preliminary indication of the non-pit areas are very good, the permitting is very far along, and Alfers has most of his compensation in common stock and options.
Talldude's naysaying might seem correct. But it isn't.