RE:RE:Now 0.55Volume has been so crappy as of the past few months. Dog days of summer. The quote on the screen is false in that it hasn't been confirmed by volume. I would feel more worried if the price is declining on a daily basis by 500K shares traded or more. The dollar value traded of the daily volume is so little. The stock can get back to over 80 cent level in a heartbeat if it delivers a good quarter for the aforementioned reason.
The stock has been pricing in the absolute bearest case by trading where it is. It's basically implying Parral won't be ramping up and Santa Gertrudis won't be built. I really dont understand the fundamental reason for the drift lower other than lack of newsflow and production numbers. If things were as dire as the stock price currently implies and has been implying, management could surely just throw in the towel, sell their assets, pay off the debt on the balance sheet, and equity holders would see a really nice premium to current value. Book value per share is over 70 cents Canadian and growing!!!. A Company that is already cash flow positive and positive EPS at this early stage in its mine production life is a huge value opportunity. August 10th can't come any sooner.