No doubt everyone expected or (really, really) hoped that the first hole plunked would hit and we would be rich. Such was not the case ands the share price got pounded based on the news and the collapse of the junior market. Such are the risks of junior stocks.

That said we are 3 holes (about 1000 meters) into a property with lots of potential. We have a fourth hole underway and statements of another 1000m to be drilled. There is lots more drilling to be done before the property we know what the potential of the property is.

As to raising money for drilling another 1000M will cost about $250K - $300K all in. That is not a big chunk of cash and I suspect they may even have it on hand. If they go for a $1,000,000 that would be less than 10% dilution at today price. Not the end of the world.

There are always jerks out there manipulating junior stocks and there isn't much to you or I can do about it. But last week most of the initial movement of the stock was due to the retail shareholders dumping on the initial news followed by the vultures coming in to fleece the paniced retailers the next day.

Hang tough and see what happend over the next month. Worst case we will see someone do a JV for the property in the coming months.

... Been There