At the risk of being fooled again by this market, I would like to observe that today's retracement is a logical and healthy one. Silver went all the way back to $21.07 to retest the 200 dma, where we broke above over a week ago. It seems to me we are collecting fuel an will use this 200 dma as a springboard to get to much higher levels this spring.

As to AUMN, it seems the shorts consider it viable enough to cover (part of their) short positions, so this paralyzed company at least has not been written off by them. Unless, the recent buying is coming from new investors, but I find that hard to believe. There is enough beaten down mining stock at offer, which isn't under maintenance, but producing. So why would you invest right here right now?

Optimistic as ever, I expect to see silver get to $35 in the next few months and that should lead to a decision to restart production. I hope Clevenger is willing to anticipate, if not he should be detained, because me too, I have never seen a person gaining so much doing nothing or worse, making stupid decisions.