Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Thoughts on when the juniors will run?

Thoughts on when the juniors will run?

posted on Dec 07, 2009 03:25PM

I had thought the juniors would run once we broke $1,000 for the third time - wrong

Others (Turk, etc) thought they would run when we passed $1,200 - wrong

So the question is....at what level will the juniors run? Personally I'm hoping before $1,580 which is the level Sinclair is saying to exit your cost positions. For many of us, we are below cost now on the juniors so where to go from there? The problem is that those from Canada have been badly burned by the juniors and are hesitant to re-enter. Those from the US are flat broke and just looking to put food on the table. That leaves the Asians and the hedge funds.

stateside

Share
New Message
Please login to post a reply