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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: Whammy on MAG Silver Too

Whammy on MAG Silver Too

posted on Jun 18, 2008 05:48PM

Its not just ECU. MAG Silver just released their first resource report and it was a home run with 237 million oz of 30 ounce per ton silver, 400,000 oz of gold and one billion lbs of lead/zinc. All that bought them an unchanged price for the day on low volumn. Not only that, they are just 3% above their 52 week low, same as ECU. MAG also has the likes of David Morgan recommending the stock, all in vain. Unbeleivable criminal activity going on here. Someone please explain how stocks like ECU and MAG are at 52 week lows while the silver price is just 15% off a 25 year high?

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