There's nothing remarkable about it, and that's why the SP is tanking. Two years ago Neumeyer predicted triple digit silver prices, hasn't bought any shares for himself as the SP tanked, and in response to low prices, brags about boosting production. An operational genius, but an idiot when it came to enhancing shareholder value. Vastly increased production and not a dime to show for it- correction, 5 cents a share for the year. That would be a PE of 200. We would have been better off if he had stopped production entirely and just paid the workers to go home to play video games or hunt. And that is the cold hard facts.
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