from Midas report tonight

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.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

gwr1

Rank: President [?]

Points: 47419 [?]

Votes: 113 Score: 4.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

from Midas report tonight

posted on Nov 09, 2012 12:44AM

Not so fast, stop the presses ... JUST IN at 3:30 Dallas time:

The Sprott Silver Trust (PSLV) justlaunched a "follow-on" offering to acquire physical silver. More on it tomorrow. The offering does not say how much silver they plan to acquire, but it surely has to put a good deal of pressure on JP Morgan and fellow shorts.

Perhaps there is no amount mentioned because they don't know what they can get, or don't know what the demand will be yet. Hard to day. My best guess is that we might be looking at 200 to 300 million ounces here. GOOD STUFF!

GATA BE IN IT TO WIN IT!

MIDAS

4 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply