Mike....I agree and watch SLW like a hawk. However, I also believe this may be targeted short selling on AUMN....and if so I question their motive. Is it to scare out weak longs? I hope so.
The thing that I find hard to comprehend is why the bankers and hedge funds have not run the mining shares far to the north. If their goal is to make money, what a phenomenal opportunity they have blown so far. They could have made multiple profits to the upside compared to what they may have made on the short side.
If they are willing to forego these huge potential profits, I guess it provides perspective as to just how important it is for them to try and control the price of Gold and Silver. Sad.
Imagine if apples products could be sold at higher and higher prices......