Pan American Silver has made extensive use of the blue zone between $21.88 and $13.94 and has little room left to finish the overarching downwards movement. As soon as it has completed wave (ii) in blue, though, it should turn around and gather enough upwards momentum to head for the resistance at $40.11. However, there is still a 45% chance that Pan American...
BULLISH GOLDEN CROSS OPPORTUNITY ON SILVER. THIS MOVE CORRESPONDS WITH MASSIVE INVERSE HEAD AND SHOULDERS ON GDXJ (MONTHLY CHART). EXPECTING SILVER TO TARGET 24 AND JUNIOR MINING STOCKS TO RESPOND ACCORDINGLY.
Golden Minerlas Company ($AUMN)
This is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico, Nevada and Argentina.
The following is not investment advice, but simply captures my personal observations:
The market...
This is one of the mining companies at the top of my watchlist. ALO, AUMN, and SPAZF are also on that list.
Looking to accumulate shares while it is undervalued. I anticipate a “catch up” move will take place. Conservative estimates forecast handsome profits
