Guys, this stock was never $2.00 per share. They did a 10 for 1 share consolidation in January 2009. This stock has never been more than $0.25 or $0.20 in its long sorry history. You should look at some facts before getting sucker punched.
At June 30, 2010 this company had $11K cash on hand and had around $900K in current liabilities. They have not completed any meaningful exploration in a long time as they are on the ropes and out of cash.
They are struggling to raise new funds so they don't drop their Nevada property but no annoucnement yet on any new funds.
What are you gusy smoking?