Re: Are we helpless here?
in response to
by
posted on
Jun 29, 2011 12:41PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
The technicals on AUM are a bit worrysome with the 50 day crossing the 200 ma, the SP was at $8 and change in Sep 2110, I know the 20:1 ratio stays the same irrespective of the SP, would a lower AUM SP prior to the merger be an advantage in that there will be more play on the upside, IF this is were these companies are heading and providing we don't get fleeced by the shorts again?
Thanks,
Zak