Why are we drilling?

If we find something....then what?

First of all....if we find something today....we won't hear about it for months from now

Second....if we hear about it soon...say very good visuals....maybe a little upside in the near future....maybe a % of what we would get for similar news in a bull market

You think in this market anyone cares....even voisy bay.....the great discovery is shutting down for a month in July as announced today

We are throwing money away....depressing the share price daily....increasing the chances for another PP if a good part of the money is spent before this market turns around.....increasing the chances to be taken out at an amount way below what some are suggesting on here

Suppose we find the motherload....maybe the price goes to $1.00 in this market....then a major makes a deal with .....oh say.....their old buddies from....oh say ARU....and we get a 30% premium....that's $1.30......how many would be happy with that...and that's being optimistic that we find something

Then there's the other option....we don't find anything but .5% nickel...

Maybe when we get down to our cash value people may start to think otherwise...but then it will be too late

Obviously....people are not in buy mode as we continue to BURN cash....I just can't bear to see us go down to .20

I'm thinking before this day is over.....we see a new low once again