I guess the question everyone will be asking now is whether the stock is still worth buying based on the recent share price increase. Admittedly, a market cap of $28M is not excessive for a company with such good potential, especially since the company is backed by Goldcorp (15%).

Another question: is the $2.7M in cash going to be sufficient to develop the various projects that the company is working on?

What I miss on most junior miners' websites is a timeframe. From what I have learnt in my study goals always need to have timeframe to them. I want to know what timeframe we are looking at to develop a certain mine into the next phase and what the long term plan is. At the moment I even have trouble finding out what the company's strategy is. Do they aim to be a producer one day or is it their aim to explore and sell? Questions, questions....