I am not an analyst but I suspect TDC's current low price is a combination of escallated global worries and Sprotts recent selling (which may still be continuing). Both of these events make TDC a bargain price for those who have cash available for speculation. Could the price go lower. Of course. Face it, until TDC is a producer, it is a speculative stock. So many investors (and investing houses) have lost so much money in the past 2 years that they cannot afford to wait for a mine. They have to move thier cash into short term growth, if they can find it. Which makes speculative stocks a bargain for those with cash who can wait. Speculation requires patience, and so we wait.