My theory?

The price of gold softened over the recent decline in SP. As CMM defines itself as a bona fide producer of gold it's SP should become positively linked to the gold price. I would also expect a high degree of elasticity. If gold drops 5%, I'd expect CMM to drop 20% and vice-versa as it's profit margins are adversely affected by small changes in the gold price.

A good run in the commodities and we should be back to our fighting weight of 38 cents.

B