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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: Re: 3 day retrace in gold and silver

Re: 3 day retrace in gold and silver

posted on Jan 29, 2009 07:20AM

With the price of silver up on the day (as predicted earlier by the move in SSRI) i can easily see ECU closing at least even on the day.

I am assuming that there is an overhang of shares being sold but there is also a number of bargain hunters that see the value in ECU. I just can't help but snag a few more shares at these prices.

Off Topic:

Is Silver Falcon a canadian stock?

One of my other juniors that I hold ( over 200k shares ) is NGG. It has held up pretty well. They have some very high content, easy to mine properties. They use the proceeds of the high grade mines to fund further exploration and development. I keep expecting them to be a take over target. I have mixed feelings about take over in this depressed market. I hope the jrs recover price wise before the take overs get going.

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