Importance of Management I think we've all learned how important good management is from this fiasco. Doing DD i saw management was from Hecla and Silver Standard. Those companies don't have stellar management. In fact Hecla management is awful! But i was hoping the good resources would overcome bad management and bought anyway. Well now we know how it turns out.
With similar resources in Mexico but different management,
First Majestic goes up 90%, Silvermex goes down 90%. What a huge difference management makes.
Now you get the chance to move to better management with a proven track record. FM is in a position for significant growth. Silver price may go down short term, but long term you can be sure FM will follow through with production increase.
The choice is yours, either go with winners with a proven track record, or go back to the same management you hate so much to burn down the house.