Claude is speaking loud and clear, something is up. Last on the stock is $0.97, up $0.10 today in a down day for gold. Seabee and Madsen mines might be coughing up some more good gold showings. Will the Madsen be a big deep gold producer at Red Lake someday? Has a new high grade area been found at Seabee?
I think the key was when management sold their oil and gas concerns in a down market for crude and natural gas and started planning on more drilling in both mines. I believe the conditions of selling your assets for more drilling money has to be substantial proof that management is quite confident in their expected success concerning their continuing drilling programs. We shall see.