Most small cap exploration companies are funded on a day to day by the management. Very rarely do they just drop a large sum in the company account. Usually they just pay for things as they go along. Really they are putting their money where there mouth is. The Chairman is a former research scientist for the government of Canada. I am very doubtful he would put his name behind something he does not believe in. He is still a sought after speaker and contributor to many organizations. I think this might surprise a few people here. Mostly the shorts.
I would give this much greater odds then a lottery ticket. This stock is way over sold. The selling is short. I think the company put out too much news too close together. That attracted shorts. See my other posts.