Considering the big run up in the last week or so, I hope nobody is surprised by the downward correction.

This is the normal pattern for PMs it seems.  Big volatility.

SSRI seems to be performing in line with its peer group, nonetheless.  This is a good sign (IMO)

As long as POS stays at or near $15.00 (U.S.), I think that this correction is a healthy thing and represents a good time to hold and not panic.  Even "buy the dip" if you are so inclined.

As far as PM mining shares go, since SSRI looks like it will be a low to medium cost miner, it will likely not be as leveraged to the POS as the higher cost miners or exploration companies with marginal properties.

I think the next good move for SSRI (sudden or gradual, I don't have a clue at this point) will be when they get near or start producing.  As Quartermain has pointed out, the market seem to give producing companies a higher "price per ounce" valuation  than those like  Silver Standard who currently only own properties (as superb as they might be).

Since this is their first producing mine (for decades and under the current management), I expect the market might wait until SSRI has shown that it can successfully bring a profitable mine online before it starts rewarding it with a higher "price per ounce" valuations.

Or, possibly, it might not wait, since the market seems to often have good anticipation.

We shall have to wait and see, won't we?

Either fast, or slow, though, I do expect SSRI to climb up from here.