RE: Dragon-omicsGood post, Eppy. People just don't understand how dead this sector has been in recent weeks, with nearly all PM stocks getting hit and any one with even the slightest problem even more so.
The "problems" with Silver Dragon are simply near-term growing pains, and issues like CFO, Bd. of Directors, auditor, and IPO are all being taken care of ASAP, with the staunch support of SDRG's partner Union Securities. Despite all the rhetoric, inuendo, rumours, and sheer lies that have spread throughout this period of stock price weakness, all that really happened was SF Partners couldn't complete the 10K and 10Q in a timely manner, hardly a company killer.
In fact, Marc and Union had a long meeting yesterday to discuss all these issues, including the timeline of the IPO. Last week one of Union's top bankers visited SDRG's offices in Beijing, and in the next week or two they will be down in Durango taking a look at Cerro los Minitas, which I believe is one of the better properties in all of Mexico.
Anyway, keep selling at this level, solidifying the final low in this stock, just as these "problems" are resolved and the sector starts to turn back up. Can't be far now from that last flurry of volume when that final low occurs.
yoyo