I have been following this stock for a while because like many juniors, the share price is depressed and out of whack using normalized market metrics.

Some Analysts love this play and see lots of upside.

The ore body is there with satisfactory grading.

There's cash in the bank---approximately $20 million.

There's talk about a staged mine buildout and ongoing discussions with institutional lenders.

This company is way too evolved to be trading at these levels.