On a pure technical analysis, the stock will hopefully hold the $5.25 low made in mid December of 2011. This may be a bit of conjecture, but it certainly seems like there are entities out there (Canadian funds ?) that recklessly short AUMN and other junior producers (PZG, SVM etc.) because they know that these companies have all cash on their books (no debt) and will burn through it trying to ramp up their production numbers. If they are shut off from financing by the banks, these shorts know that the company will either have to complete a secondary or private placement. This will dilute the stock and they will have ample time to cover their shorts at extremely profitable levels. Why don't we , collectively as shareholders, put more pressure on these companies to explain to us how they're going to finance their plans in the face of more bank deleveraging. I agree with silverbull's prescient analysis that their plans sound feasible, but the bottom line for us is the share price. If it continues to stagnate whilst the financial conditions around us deteriorate, something has to give.