Conspiracy theories always get a lot of play on the retail bullboards when a stock fails to move to where the rookies think it's supposed to go.

CMM reduced 2010 guidance, and had higher cash costs, lower grades, equipment delays, stated difficulties in finding a good workforce, failure to tap the Deutsche Bank money, emergency infusions by Finsky, a CEO that nobody liked, now a temporary CEO, other people on the board that nobody likes, and a history of previous failures at Sigma/Lamaque. The poor Q2 is why this stock is down at 40 cents.

Certainly if they improve by end Q3, the stock can go back up. Most of the above financial/economic failures are temporary and will resolve in the Q3 financials to give more positive numbers. Union Securities gives it a Net Asset Value of $1, so that's a perfectly acceptable near-term target. But until then, this stock is low because it's failing the metrics that professionals use to choose investments.

Also, a possible reason might be that more and more people smell the possibility of a market crash in August & September, and are trying to cash up right now. Unemployment numbers stink, and those who've seen the regional numbers are saying the US national homes data coming next week will really be a stake in the heart of the recovery.

You don't need a conspiracy when there are perfectly good non-conspiratorial reasons why the stock is low.

Actually, this is kind of a neat little sociological lab experiment.. when things don't go right, people generally tend to forego researching the reasons, and instead invent subversion conspiracies to explain away their "bad luck" (when it has nothing at all to do with luck). Fun to see that the retail stock scene is the same as broader society.