Did a little homework last night.....
So let's see. They have an open pit mine already developed which looks like it can be easily further developed (pump the water out). They have a few brand new nice looking holes that expand mineralization.
Experienced management team, supported by Forbes Manhattan which is run by Stan Bharti who I will assume a bit of a legend in these parts for Consolidated Thompson and a few other East coast plays. No problems there...that's the beauty of their business model. Small companies with big company experience.
Tiny little market cap, on the verge of a quick and dirty 43-101 with a boat load of blue sky in the trunk.
In general, downside=nada at these levels.
B