Re: Relax please...another thought.
in response to
by
posted on
Oct 20, 2012 02:55AM
Well said! Silver producers (even small producers) are hard to come by at under $0.05. I was a buyer of UC on Thursday. I picked up a few more shares of plays I already own at fire sale prices.
We, of course, have news coming regarding financials. We still don't know who purchased the Dwek shares and at what price? We also have a silver options expiry to deal with on the 25th. Many longs have been flushed out an we could very well see a nice rise in the silver price this week.
I would be surprised if UC traded in single digits once we see silver begin to run. SMF069