I found this post very pertinent to what is going on with our share price right now. Victor explains it very well on SH.

"The past week's pressure on the price appears to be largely selling pressure from one house (RBC). For whatever reason, likely a holder that has decided to liquidate, it does not change the fundamentals that apply to this company. The single most compelling reason, in my opinion, for exceptional share price appreciation is the operating cash flow that this company can generate at the level of production that was announced on July 15. Subject to Nickel price levels, these levels of production can put an end to any questions on debt retirement and preferred share redemption questions. Contrary to the bashers claims, the debt and preferred share amounts are not large in relation to current cash flow capability. The cash flow capability and financial position of the company, in relation to market capitalization will, in my opinion, result in share price appreciation when it is accepted by the market. Acceptance by the market may have to wait for release of financial statements showing financial results at current capacity. Then there's the potential for cash flow improvements, though mill capacity increase, tweaking of operating efficiencies, elimination of debt charges and preferred dividend payments, and the possibility of other revenue streams.

Like legend, my opinion is that current share price levels present an opportunity to increase positions."