General lack of interest perhaps? Much has been promised and nothing delivered.
They even had to PAYGurupira to take a 51% ownership position in the Dodge mine operation. Maybe investors are waiting to see how much the company will give them to take a small percentage position. { ;^D
Perhaps another reason is that one of the biggest "boosters" of the stock recently DUMPED more that 200,000 shares at the BID, sending the stock to its recent low. Followers are naturally going to be hesitant.
Then too, no one has yet been able to come up with any good explanation for why Raptor [RRHI] and Mabwe [MBMI] had to pay Asswell Gurupira to take 51% owneership of the Dodge mine operation.
If it was really worth something, shouldn't HE have paid THEM?
That sure smells like old fish on a hot day. { 8^0