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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: Re: Volume
2
Jan 11, 2010 10:33AM
3
Jan 11, 2010 10:45AM

Just a cynical guess Don't; It is dumping. Wwether it is shorting or not I don't know, but anyone with a profit motive could just put in sell orders at about .78 - .80 and probably be covered.

Selling on a day that silver is up strongly should be a time to get the best price. Clearly the trading I see is not profit motivated. Obviously this kind of trading it is not going to result in obtaining the best price.

If I was selling today, I would sit tight with a .03 higher price ask than Friday. But I'm not a seller at anywhere near these prices. I have been adding to my portfolio going after in ground resources at low prices. ECU keeps comming up as one of the best buys and is by far my largest Jr pm holding. I don't worry because I know that the longer it takes to get production up to its potential the more likely ECU will be selling at much higher silver prices.

5
Jan 11, 2010 10:53AM
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