Well i have been trying to figure out what will come next for this imo undervalued junior and thus far have only come up with three potencial outcomes in the near future.
1- A larger more experienced and financially stable company comes in and does a jv for a ridiculous percentage or a slap in the face buyout at maybe a 30 % premium
2- The company burns up it's cash and needs to raise money thus further dillution creating devaluation for exsisting shareholders
3- Management along with a major shareholder backing them goes into a small scale minning situation to generate cash flow for the company which i think would work as no major permitting would be requirred and intial capital cost would be around 5 million.
Let's not be one of those junior's who end up being over dilluted or turning into a management retirement plan.