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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: AUMN technicals
4
Jan 03, 2012 10:12AM
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Jan 03, 2012 12:19PM
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Jan 03, 2012 04:31PM

A great start to the year. AUMN closed at $6.53. Bid and ask at the end was $6.49 - $6.75.

Of note, the 50 day moving average figure today is $6.74. A close above $6.74 might get the TA computers at the hedge funds flashing a buy signal, and encourage (more) short covering.

(The last time the share price was above the 50 day moving average was in July last year, when the share price was $19.)

A good resource update at El Quevar would do good as well to keep the momentum going.

3
Jan 03, 2012 06:08PM
5
Jan 03, 2012 10:34PM
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