"Also, total their cash costs in the 3 months ended January 31, 2018 were only $192,294 compared to $423,933 in the same period last year. The Board of Directors actually took a cut - they were paid the princely sum of $3,000 compared to $3,500 last year."

Did Elmer take a wage cut?

Not much to do anymore except identify future drilling by picking rocks off the ground and reduce shareholder value with another PP. It could be worse I guess. The last 20 some million dollar payment from Teck was gone in less time than it would take a drunken sailor on shore leave instead of holding some of it to keep the company going. $2.75 to under a 10 cent share price... How about reducing Elmer's salary by the same percentage?