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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: silver stocks demand high

silver stocks demand high

posted on Feb 08, 2008 10:50AM
I hear the SLW deal ($1,5 billion) flew out the door and 50 institutions bought stock with 90% sold to Canadian institutions. So this might have weakened demand this week a little for silver stories but obviously the appetite for silver stories is large right now and the Americans and Europeans got locked out of SLW so will have to buy in the market now or next week after the deal closes. Most of this money will likely be re-cycled back into silver stories when some institutions flip out of SLW next week since it's free trading stock immediately so expect a demand boost for silver stocks next week.
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Feb 08, 2008 11:25AM
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