With this big drop AUMN closed a big gap and has now reached oversold territory.
With all the positives of the last couple of weeks and the favorable technical situation,
this "newco" (AUMN & ECU in tandem) should be able to rebound nicely.
We have Ag staying firm above 40$; Au reaching a new all time high, Ecu scrapping
new Bonanza grade mineral zones and not short of cash anymore, I mean, what else
would you hope for? I'm monitoring 30 silver stocks and the "newco" has been the
only one that didn't rally a small bit in this nice Ag rebound. It leaves an bad smel.
It usually rebounds nicely when I am about to trow in the towel like now...