Anyone who has read and seen the manipulation of the silver price would be fully aware of the search for stop losses when the price is slammed down.
I think todays reaction was exactly the same action. washing the sp down to hit stop losses and scoop up the weak hands. cdu, august 8.. like that eh?
todays announcement was an indication that previous guidance was not going to be met, and the lack of clarity in the announcement has been used to full force.
i expect management would have been stunned at the drop, and expect they'll clarify the situation with some urgency.
the internet is brimming with silver price chart bullishness, I've completed my buying of this and very happy. sorry for existing holders and those in the CR but thats a better outcome than massive dilution at 25c like other companies would do.
