The technicals for most gold stocks look very good and AUMN is no exception. Great they ended the day and week at the high of the day/week.

As Dan Norcini mentions in his weekly comment at KWN, the HUI recovered all the way to 450 and is clearly above the bottom of 440 that was broken downwards temporarily last week. MACD, stochastics, everything indicates we are going to have a nice week in the PM mining stocks.

It could be a good moment for Golden Minerals to come out with the Velardena resource estimate. I just hope they present it in a nice way and clearly explain why they are changing the geological definition parameters for the inferred category.