We're near the bottom....I think with consistent visibility into production the share price will go parabolic....
I'm not even thinking profitability......just declaring cash-flow positive should send the share price into copper land (without a r/s) I've enjoyed situations where a company declares cash-flow positive with profitability being several quarters away and the share price has moved to the 5-10 bagger status within a week....
As Floyd has stated several times, becoming a profitable company at this stage for PEII would be just an amazing thing.....
I have done exactly as Floyd "suggested" averaging down to battle the dilution dragon. Everyone must have noticed that every time the dilution dragon stops roaring the share price bounces up....
The risk/reward ratio here is just mind boggling.... For me personally, I have only encountered this craziness 3 times in my entire investing career.....PEII has the potential to beat the results of all of the other 3 combined.....JUST CRAZY......
GO BIG OR GO HOME!!..........BOOM OR BUST.......but it will not take long at all to find out which one its gonna be......the next 3-4 weeks should tell us.....