It's got nothing to do with metals prices, you're overthinking...

It's got nothing to do with metals prices, you're overthinking it. Think superficial, just this stock. It's taken on too many punter (newbies). They are the last to enter and the last to leave, hence the sudden dip- last ditch panic sell.

In terms of a downtrend- up is down( everything is reversed), old resistance levels become current support levels. Best way to determine this is through a chart gauge of 6-month period. And you'll get to see roughly where this MIGHT stop.

Someone here said that the next support level is roughly 4cents, he's right for the most part. But I reckon it'll do a dead cat bounce at the current price before heading to 4 cents.

For anyone that's new, take this advice "never try to catch a falling knife" and "you can never find the top or bottom". Don't get greedy, get smart.