I don't think its going out of business. I think we're in for serious dilution.
I would be interested to read best case and worst case scenarios from those of you who are inclined to post them.
My best case scenario is, the drilling with xstate hits something quickly, there is follow up, and a 5 million or so pound pipe is identified by the end of summer. Big Chunk gets JV'd. Providence gets JV'd. Bonanza reports something great. If all that happened, I would look for a 2.50 share price again.
Worst case, nothing happens at all. No JV's, no successful drill cores, gold drops, uranium drops, etc etc. and we go from .09 to .04 or .05.
Whatever. I've actually removed it from my screen though I continue to hold.