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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: Silver Update
9
vhf
Oct 31, 2010 09:03PM

If we really get a squeeze due to a commercial signal failure, and I don't doubt for a moment this will happen, it is obvious that a target of $30 is very moderate. We might stop there for a brief moment and then continue in a hurry to$45-50. I believe Sprott, when he says we might see this in a few months time, say February. If Alf Fields gold target of this up move, $3500, is projected at Armstrong's Confidence cycles, we might have $70-75 silver by next June.

The implications of $45-70 silver on the results of producing silver miners is almost beyond comprehension, given that most of them are already extremely undervalued..

3
Nov 01, 2010 09:25AM
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