After the announcement of the R/S.....warrants flooded the market, for they will reduce along with the number of shares; this in turn, #$%$ off the powers to be and they are crushing the shares. Moreover, the numbers at Shafter are not quite where Lenic said they would be. Many are concerned that Shafter is picked dry.
Anyway, this would be a great time buy. I too bought some more at .83 thinking it would never go lower. Failed to observe the warrant count 79 million, wow, along with the unanticipated dip in metals. The people that said buy in Nov are the ones who are saying to sell now, crazy.
Thanks for the explanation. Thinking Lenic should address this with a press release to atleast acknowledge what happened.
Meanwhile, guess all we can do is hold on hoping that the organic growth forecast (50%) the stock price will recover at post split levels.
Then we have to wait till silver recovers as inflation becomes evident later this year.