Bobwins good analysis.  But I disagree with you that us the shareholders and the market have way to high of expectation.  Comparison ABM-V has the pretty well the exact same annual earning as SKO over the last year of around 16 cents.  Yet their share price is at $2.40 both are junior companies in the mining realm yet SKO trades at 90 cents and they trade at a way higher price.   I for one will be happy to at least get the financing over with as that to me is the biggest overhang on this stock.