Almost a $45,000,000 Million dollar decline (18%) in Market Capitalization since the September 19th Corporate Presentation was provided. This presentation was done AFTER the financing . . . apparently when the share price was around $5.90.
So, we ramp up cash to $60,000,000, have no debt, no hedges, a low level of shares outstanding, roughly 1 out of 3 owned by a group of 5 major institutional investors - and this happens on a 3% decline in the price of Silver?!?
Sorry - but this is beyond frustrating.
I'm surprised the institutional investors didn't protect the recent offering price.
I often wonder when the manipulators will decide more profits can be made on the upside than downside.
Maybe the President should sign an executive order reassigning the replacement NFL refs to SEC/CFTC enforcement - heck, its worth a try.