The difference with this 75 cents close

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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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MajorD

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The difference with this 75 cents close

posted on Oct 31, 2010 05:59PM

On closing last Friday, when we reached 75 cents at about 10 minutes or so prior to closing we also showed 165k on the ask at 74 cents. It seems that everytime that we took out the asks, the bids came in significantly underneath to show strong support.

In the past with such a good closing, we generally had to few shares left on the bid hence the shorts were able to gradually work the price down.

Hopefully we've turned the corner and show strong support into the opening on Monday morning.