Mgmt. will need to commit $5MM+ to a bio-ox system in order to extract gold economically.  There are many "ifs" as metal prices remain relatively low.

Many of these decisions would be much easier if mgmt. had conserved capital and not pissed away so much on long termp, perhaps "never paying off" drilling projects in areas like Argentina.

Another contribution to quarterly losses.....why are there 8 members on the BOD for a company with a market cap of $62MM?  What have those 8 contributed to shareholders in order to justify their exhorbitant free options, stock, and pay?  You're correct, they don't have any skin in the game to speak of.  Clevenger made the comment, "we're thinking long term," on the 2021 conf. call surrounding the approval of the major share expansion.  "Long term," is your vision for a stock down 98% in the past 10 years, Mr. Clevenger?  I almost fell out of my chair when I heard that.

Silverbull50