Hi Quixote:

You shouldn't expect to be slammed for an honest opinion.

My understanding is that AUM management is focussed on gaining access to a large, relatively known, deposit of precious and base metals with a view to mining them at a cost that will result in a profit. They seem to be executing their plan on schedule and on budget. What does "past performance" have to do with that?

If they do execute the plan successfully does your analysis indicate that they will indeed "make a profit?" How do you visualize the company reaching a point where it would "die"? That is a bit extreme, don't you think? Do you really think that "real money investors" are selling their shares today at the present share price? If they are I assume they have concluded that management won't, or can't, follow through with their plan to produce at a profit.

I guess the only hope we shareholders that continue to hold have is that the AUM share price performance is at least partly a result of manipulation, partly the result of a general selloff and, only in a minor way, a result of feelings similar to yours.