posted on
Feb 23, 2009 04:14AM
Welcome To The Golden Minerals HUB On AGORACOM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Message: Re: Optimists
"We'll see if sharkey is right and that people will bend over backwards to get into this now that the PP has been almost finalized."
I look at the PP as the front end of that event. The dumping of shares probably has a way to go to clear out all the I-want-cash-and a-warrant players who participated.
After the market gets rid of this group of sellers, one could reason that the $1+ we saw a while back would be easy to achieve. ...that the same sentiment that gave us $3+ prices last year would return possibly even higher due to the improvement in resources and the mill ownership.
Yes, we are all guessing, but I do see logic in the anticipation of higher prices.
i assume you have sold all your shares and I hold (and have added to) mine. Lest we are both just putting out opinion rather than conviction. I have added about 20% to my holdings below $.50
3 Recommendations
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