http://www.4freeimagehost.com/show.p...

this illustrates the various support bands creating the rising platform of the wave 1/2 series. The fact it is a rising platform over such an extended period of time, makes choosing the 'bottom' subjective, (along with wave high) as well as bullish.

Also illustrated are two series of break out followed by consolidation, again down to the rising support band. The last series having yesterday put in a low into support within the current wedge shape, and also completes a series of five equidistant waves down.

Considering the underlying fundamentals, you would have to interpret this chart in a bullish light. Compared to peers, little or no production shouldnt impede an ncrease in the share price in terms of minus figures against a rising pm price, as the investment relates to a portion of a business that owns X no ounces silver/gold under the ground. ie ounces of PM per share.