Typical. It's a poor day for silver stocks and the market generally, and weak hands (at low volume) are continually being flushed out of AUN prior to the announcement of commercial production at Shafter. AUN is fine tuning the mine and mill in preparation of turning up the crank - which is a heck of lot better to do now than to face disruptions to production due to equipment breakdowns, miner injuries or other calamities when everything is running full bore. The water issue is essentially a side show but good to scare the faint of heart or day traders.
Nothing has changed fundemementally and I am in for the next two years. Could be a lot longer depending on how the silver market shakes out and new plans for mine expansion at the current two mines or investments in new silver properties go for AUN.
This is more fun than investing in GIC's!