The price of silver has little relevance to a company that isn't producing any.
Almost anyone who owns this is doing so at a loss. I just don't see trying to catch a falling knife. I would suggest waiting for it to land and then consider picking it up.
I think if the company avoids bankruptcy that the share price will bottom in the .78 range.
Just saying.
p.s. There are much better opportunities in the market.
Note: Averaging down and hoping for a bounce isn't the best option when bankruptcy is a possibility.