RE: Where is the bottom? This stock is going to drop until (and if) some big boys (and girls.. to be politically correct) start buying (and those do not like to speculate - they will definitely want to see some very promising resource estimates). It does not matter what the book value is if there is no big money involved, and someone is willing to manipulate this stock. If a trader has two brokerage accounts and a bit of money, he/she can buy and sell this stock all the way to 0.00 without incurring any losses, and picking up some gains on the way when poor shmucks like us give up and sell. So the best thing to do now is to forget about this stock for a while and not look at it for a month or two. It'll go up really fast if the initial resource estimate is not disappointing (and I am afraid that anything below 3 mln. oz is going to be considered disappointing). One thing is for sure though. If this goes up at all, it'll shoot up like crazy. So if you believe in this company treat this as a great buying opportunity. If you do not, dump your shares while it is still not too late (I am still hoping to pick some more below 0.80).