Exk "surges" by 5.36% on Friday to reach the unimpressive price per share of $3.34. I'm sorry. I used my last batch of dry powder to buy into this "wonderful" silver miner at $3.97/sh days after the Mexican tax increase took effect. This miner deserves investor's attention well above $4.00 per share but we now cheer a 17 cent increase to $3.34/sh. One can never dismiss a price increase but, I'm sorry. This company should be trading well north of $4 per share.
The current share price of EXK reflects the current price of metals. Until metal prices make a significant jump, EXK will remain an extreme bargain. Just be patient as one day things will turn around. It could be a while though... But don't sweat it as EXK is positioned well and will be one of the survivors. Some mining companies may not make it through... But the ones that do will be stronger and extremely profitable once things turn. I am not fearful as I added more EXK at the $3.40 level a couple weeks ago.