Sadly, you have nailed it! this company sucks in new investors with slick presentations with low capex and solid funding promise on their Aus deposit... then you realise where they are on the timeline, and they are a long way off... and also Alaska is years away from development as well IMO.... when you try and get out there’s no volume, I thankfully got out during good volume on one of thoes slick presentations.
P.S
I think the company has good potential over time, however it’s a long term hold... and a lot of dilution along the way, unless the sector turns around. The stock will go up if silver bounces... so if your content to have leverage to the silver price then it’s ok...but dilution will be present while raising money during exploration.