One thing shareholders need to keep in mind - Auryn, like any legitimate mining company, is in this to make money. No legitimate company likes or wants to sell shares to fund operations, because that dilutes ownership - theirs and ours. However, as a non-producing startup, until they start producing there is no other alternative aside from incurring debt. Maurizio and Auryn know they need to get a production stream in place ASAP and they were working on that initially; however, they encountered unanticipated issues (regulations/permitting, weather, loose rock, veins veering from projected path, extra chimneys, etc.) along the way which hampered their initially publicized production goals. These aren’t excuses, they are the realities of mining.
With the spring I hope to hear something about their efforts to ramp up production in the upcoming weeks/months, but even as anxious shareholders, we have to remain patient and understand that mining is not a quick, simple or straightforward process. It takes patience, time, money, skill and yes, some luck. So when I hear someone saying “They should be producing by now” - well, that’s a limited and naive perspective and assumption taken from the comfort of our computer screens. That expectation doesn’t necessarily match the realities on the grounds and in the tunnels of the ADL. I know Kevin tried to re-educate this shareholder mindset during his tenure as CEO. And I think most MDMN (soon to be Auryn) investors in the post-Price world realize this, or are at least they are coming to realize this.