When trends break

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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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Thirsty Monkey

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When trends break

posted on Feb 28, 2008 09:26AM

You are all well aware taht we have tested $2.00 several times. it seems to be having trouble breaking through but i don't blame it with nothing new to help boost the stock! Although great sign to see support in the 1.90's.

As many are also aware that the 52WK high is slowly slowly trickling down? What thisshould telll all is that we have been consolidating at this level well over a year! In a couple of weeks the 52wks high will be at 2.75.

Should teh stock gain some momentum in the next couple of days and we get some NEWS Ecu could push $2.50 with ease due to the HOT market we are experiencing! With a close above 2.40 for a couple of days could set us up for a huge GOLDEN CROSS!

Folks once that indicator is hit all BETS ARE OFF ecu will finally have its time to shine and make new 52 WKS highs! Its all about momentum and then the stock runs on its own. I anticipate much to come within the coming weeks!

I expect silver to continue on with its journer to$ 22 bucks before we see and sort of pull back. That is what happens when things consolidate and finally break! THEY KEEP GOING AND GOING AND GOING HIGHER!