JOSH, I don't know where this 15 to 1 reverse stock split idea came from but I suggest you look at the consequences. 500,000,000 shares down to 33,000,000. If the companies current stated production capacity for Dutch Gulch can reasonable produce a pps of $1.50 per share in 12 to 18 months then you need $15.00 per share to stay even in the deal.
I think most of the folks around here would appreciate knowing how they would benefit by the reverse split. Raising venture capital will certainly dilute the current stockholders positions. At the current pps, quite a lot. If the company does what it says it is going to do the pps should move up 10 to 1 from here and then you are in the ballpark. Dilution is reduced 5 times and large private placement investors can see the company can move the needle and put them in range of a big pop. Hedge funds are loaded with cash and I see them in exploration stage deals. I think differentiation is the key. Any company needs to set itself apart from the crowd to attract attention. If they don't know how to do it, then they need to hire someone who does.
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