I would like you to make the case why we're trading at where we are instead of why your data says we should be at $2? Can you give the board that objective, analytical, information?
What point of 'the whole sector is undervalued' do you not understand? See previous posts for graphs.
They've been behind on getting milestones completed with the HL and fourth ball mill. They aren't making the revenue needed to pay for their expansion requirements, so they were forced to do this silver lease deal for unfavorable terms IMO. They'll have to average 22K oz. for Q3 and Q4 just to do 80K oz. for 2012 when they projected a 100K oz. year. In short, they aren't doing what they claimed they would do.
In short? If the SP would rise 1 dollarcent for each post you talk about them not making projections, I'd be on holidays now. We get the point and please dont refer to it again. Be patient and wait for next numbers.