Hovering near the all time lows.
posted on
Dec 06, 2011 10:21AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
There are a lot of AUM and AUMN sellers in the market recently. I have been looking at the 2nd level quotes over the past few days.
At the close, both sides seem to dry up though. The AUM market seems to be holding onto some expected value added news then next glance looks like it is collapsing as we are hovering near the all time lows.
$6.35
|
-$0.15
(-2.31%)
|
6.35 (4) | 6.38 (15) | 8,825 | 6.26 - 6.50 |
1 | 600 | 6.360 | 6.380 | 1500 | 2 |
2 | 400 | 6.350 | 6.400 | 200 | 2 |
1 | 100 | 6.340 | 6.470 | 300 | 2 |
2 | 700 | 6.270 | 6.580 | 500 | 1 |
3 | 700 | 6.250 | 6.670 | 1400 |
1 |
AUMN warrants are breaking new ground today, to the downside, around $2.15. Lot of them up for sale....
$2.15
|
-$0.05
(-2.27%)
|
1.99 (10) | 2.15 (6) | 1,500 | 2.15 - 2.20 |
1 | 1000 | 1.990 | 2.150 | 600 | 1 |
1 | 1000 | 1.980 | 2.380 | 1000 | 1 |
1 | 500 | 1.970 | 2.750 | 200 | 1 |
1 | 1000 | 1.850 | 3.490 | 1000 | 1 |
1 | 800 | 1.800 | 3.500 | 300 |
Seems the overall market wants this company lower very, very bad... What gives?
Perhaps with real gold down to ~$1707.00 an oz and real silver hovering at ~$31.75, time will tell if we (AUM and AUMN) will continue the downward slope slicing through the $6.23 or $6.06 barrier, find a bottom real soon or as I am sincerely hoping, cross my fingers, and ricochet higher at a moments notice. Gee it has to be one of the three anyways, doesn't it. Just biting my nails here. GLTA