Golden Minerals Quarterly Log ChartFinal take-of with quarter close above 1.23$.
4.50$ initial target
0IYU trade ideas
Golden Minerals looking to take-offA monthly close above 1.32 ignites this rocket ship to 6.75 by end of year.
Does Share Dilution Matter?If it's about making $$$, then I'd say listen to the chart. I know I don't know, but I do know the chart!
Golden Minerals Dumped?Scary action on daily chart for past few days... but when you zoom out on monthly chart, simple correction since stretched from moving average. Fueling up for next drive to +1.30$, now 0.72$.
Golden GooseGolden MInerals Company on bI-weekly log chart looks great. Huge base and breakout above key reistance technicals.
Overlooked silver explorer-developer with no debtGolden 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 seems to have completely forgotten the stock; The most recent seeking alpha articles date back from 2014, for example. Current valuation reflects this, with a face-ripping 99% drawdown from its peak.
Management, however, has invested in expanding the resource base during the depth of the PM bear market, and now just entered in a new JV agreement with the potential to broaden their resource base even further (see: www.marketwatch.com)
That news seems to have sparked a break-out.
Now we see this breakout being backtested. I don't see increased volume, and I suspect silver bugs are mostly overlooking this stock still. Its marketcap is tiny at only 30M, so it won't take much to start making waves and get noticed....
