RE: Where''''s the bottom???I didn't say brokerage firms are doing it collusively, I just suggested that "the market" is making a better deal for itself, which given the poor capital market conditions is the path of least resistance.
At some point, the stock will find an equilibrium which prices in all risks while at the same time giving a floor valuation. Given the 30-35 million 43-101 ounces, that level is likely pretty damn close. My guess is once the money is there, the negative speculation subsides and the stock moves back up to a new equilibrium level. Where that is, I'm not sure.
As for growing via revenues, that's a lot easier said than done, as production would require a game plan change, potentially significant capital requirements (depending on the plan), and a host of other factors. Right now, the company has been focused on exploration, although production may be an option depending on what they want to do.
For now, it's all about finishing the financing deal.
yoyo