You have a point about the value of this stock and it's value if there is nothing there. Yes it is a good stock to short if you look at the situation. It has been attacked on several occasions but it is resilient due to the core of shareholders that have been long on this stock for quite some time. I think it can be hit again but it will rebound, old fish out new fish in so to speak. The bet is we are not sitting on a mountain of salt water in Peru, look at the adjacent properties and players there. There has been primitive mining on this area for a millenium, no real equipment has been used on this claim. Knowing management and the fact that they have their families and friends in this says a lot. I'm not here to sell you on this, you of course will make your own decision whether to buy or short this play, but there are plenty here that are prepared to put down some handsome cash in this company with the belief (we do not have proof yet) results will come and make this pay.
nuff said