Good Day Approaching
posted on
Sep 30, 2009 08:52AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Hello to All,
Great post GWR ! So true now you here everyone complaining about the stockprice and how they are tires of waiting but as soon as the tables turn and the stock starts to fly everyone bought in 0.20 cents lower when they just managed to scramble to get in! We have seen this stock move and how QUICKLY she does move when she starts to run. That is when the nickles and dimes begin to add up when you have way over 250 000 shares!
Gold and silver seems to be looking rather bullish these days and 1000 dollar level seems to have some great support. Not much to day about the USD other then downhill from here! Great to see the HUI above 400. The PM market will soon surprise many once the old high in gold is taken out! I still expect a huge move coming our way that many have yet to see!
ECU is way over due for a huge up day. The chart and slowstochastic show that it is way undervalued and oversold. This itself is a huge buying indicator. Over the past 4 months ecu and team have pushed and accomplished much more then some companies have done in the past 2 years. I know that the stock price has yet to determine all that hard work but its just around the corner. Financing these days is a huge obastacle in itself due to the credit crisis but i am sure with all the dore sales and the way prodcution is going on the horizon soon ECU will be able to handle the project cashflow positive and will begin to focus on other areas of exploration. I know that all is going well with the mill and on site down in mexico and soon the SP will dipict all of this. Were not going much lower this company is too valueable and the big boys know that it has enormous potential to become one of the biggest stories of Mexican History. I am very bullish and my confidence level has just increase, these nickel and dime games won't last much longer and soon will be long that will only push ECU much higher from here on in!
The 50MA and 200MA seem to be coming much lower. As soon as 63 cents is taken out 90 censt will be here within an instant! There is not much all the way up and after todays close everything will be in arms reach yet again! Dont throw in the towel, stay focused on fundementals as we have been at these levels far to long and will soon be escalating much much HIGHER!
Thanks to all those that contribute and edcuate the rest of the Team on a regular basis!
sharky