I agree with KC and RB, when you know that you have something, why waste money into this market when we have all seen the effect of great news and falling SP too many times.

preserve capital, select targets that will add value away from what you already know.

We are stuck on Reed Lake because of HBM. I have a few other stocks in the area like WEL and RCR, and hey guess what? We are waiting there too, and the SP is lower for them and they will have to dilute to make get any cash in this market.

Nice to have some cash in the bank, use it wisely, and is the best that any share holder can hope for right now.