just broke 10 cent mark.
I think there were 3 main reasons which caused the SP to drop.
1. Silver price dropped dramatically yesterday. and that was because CME group increased the amount of cash deposit you need to trade silver(http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJ0SQbq_EN7I). so some people moved out. but that does not change the needs of silver.
2. AYN just released a quarter cashflow review, and it wasen't very impressive. But that was before the May production. The ball will change from May, where they start their production. And AYN's revenue prediction was using a silver price that was way below the current price.
3. The entire market is dropping, so short term players are getting out. But they will come back once the market coming back up by the 2nd half of the year.
I would say by 3rd quarter, the SP will be much higher than where we are now. So there is nothing to worry about, the only question is, when should we increase our holding?!
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