There may be some MM tricks going on but the missing factor (I apologize regulars) is buyers. We are certainly not seeing buyers step up as we had hoped. It is still under the radar and may remain there for some period of time.
One issue is there imho no JV or similar in the short term pipeline. By all appearances SRSR has the funds in hand to carry out there business plan for the next several months. I don't know how they got it, but they don't seem to want to tell us that.
I am than of the opinion they will continue to string the funds together to keep moving along. My belief is they will take this mine the distance themselves with some type of take off agreement. There won't be a JV because why split the potential if you don't have to.
Management doesn't care about the stock price as they don't need it to raise funds so they know what they have and know in the long run they will get their "PAY". Doesn't matter if the stock is a penny between now and than.
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