The entire mining sector is in a slump, and a one year hold on a mining play is not unreasonable, there are at least two properties that the company is now working towards adding and there are drilling results, 43-101 reports, mining start-up applications... the future is bright but if you are impatient now then you are really going to be impatient a year from now, mining plays like this are very low risk (with their proven reserves) and very high return (with the low float) and price per share right now.... not to mention buyouts if the company would even consider one.