My suggestion is as it has always been to not look too much at the share price other than of course adding to your position. Keith has been a monthly buyer of this stock when it was 40-60cents (CAD) all the way down to 10 cents (CAD) and he still keeps buying every month. This is how you should approach these types of investments because the fact of the matter is that none of us knows how the market will react and when the "final bottom" will occur. The only thing you should focus is that the company is making progress on the assets (which they are) and that they have good quality assets and management (which they have). I was an early investor in First Majestic some 20 years ago and it was pure hell emotionally holding on to that stock because we had many ups and downs and long periods where the stock was moving sideways until suddenly it exploded to the upside. I see the same happening here, that is why I don't worry too much about the daily fluctuations in the stock price. If you really believe in this stock then the only way to do this properly is to accumulate when the discount to the NAV is great (like it is now) and then you hold on and let management do their work. If we are right about this company's future then we will make a fortune when the true bull market gets going in miners. Everything in between is just noise. I will keep accumulating as long as we stay under 20cents, that's for sure. But I might buy more even at higher levels depending on the news we get when they finally disclose deals for develpoing Springpole and Duparquet.
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