production & exploration

Galena Mine - Coeur d'Alene Mining District - 48 million oz

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Message: About to turn around?

I like U.S. Silver here as its indicators have come down after almost two months in the overbought area. It has had a great run and I've mentioned this one a few times in my newsletters. As long as support holds here at $0.60, I believe we are going to see it turn around shortly. It still has a few more days to get to the apex of support and the down trend line. This is where I would start to look at it (well, the fact that I'm talking about it now means I'm already looking at it, huh?). Wait for volume to start building on it. $0.63 should be the entry and my first target on it is $0.77 for gains of 22.2% followed by $0.83 for gains of 31.7%.

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Cheers!

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