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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: Jan was a great MONTH!
11
Jan 27, 2012 07:23PM

Indeed Jan. was a great month Gildage. Good post.

Not sure about the correction you talk about. We've been trying to break the resistance level of low $9.00 for over a week now. We had originally reached a high of $9.40 last Tuesday or Wednesday. So it took us app. 7 or 8 trading to break and close above $9.40, whereas we went from $6.50 or so to $9.40 rather quickly.

Perhaps we just formed a base that will propulse us to $11.00 / $12.00. Technical analysis suggest this.

Anyone notice how we just don't see any more "downward fishing lines". Methinks this FOMC meeting along with the new Asian Gold market set to open in June is already starting to show some encouraging signs.

I could be wrong, how often in the past have we been disappointed?

Later

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