RE: FR contactI hope you are right. My average buy price on First Majestic is around current levels and although i'm known for my patience I want to see the stock at least start moving as I own a pretty sizable amount.
I think the concept behind the business model is dead right although what worries me is the managements ability to promote what is a great company and create an upward trend on the chart. I'm sure that will come in time but would much prefer sooner rather than later.
At the moment it's pretty much completely off the radar screens of most silver investors which to a certain extent indicates only upwards from here once the seller has dried up rather than the chopping sideways. A 'very big acquisition' could have a huge impact on the profile and of course the stockprice taking into account current average volume of stock traded.
Given KN's prooven ability to negotiate a good deal, one things for sure we ain't going to overpay.