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Pan American Silver Corp T.PAAS

Alternate Symbol(s):  PAAS

Pan American Silver Corp. is a Canada-based producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. The Company is engaged in silver and gold mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation. The Company also owns the Escobal mine in Guatemala that is currently not operating. In addition, the Company is exploring new silver and gold deposits and opportunities throughout the Americas. Its segments include Silver, Gold and Other. Its Silver Segment includes La Colorada, Cerro Moro, Escobal, Huaron and San Vicente. Its Gold segment includes Dolores, Shahuindo, Timmins, Jacobina, El Penon and Minera Florida. Its Other segment includes Pas Corp, Yamana Corp and other.


TSX:PAAS - Post by User

Bullboard Posts
Post by TheSiteOnGoldon Jan 22, 2014 2:21am
320 Views
Post# 22118925

Are you noticing the Divergence in the miners..

Are you noticing the Divergence in the miners..
I highly suggest you look at this daily and weekly Gold chart to see what Im talking about..
The gold miners have run up...to levels near where resistence is typical...not only would it be best for them to rest and consolidate... but so would gold itself as it has not moved in relation.Whether the miners are anticipating a gold move or only reacting in a normal bear bounce..time will tell soon.
Gold needs to hold this current support level or the next leg could suprise the gold bulls and gold could be smashed down..Gold needs to move and close this week up...badly..Caution.. Have an exit plan because pressing the buy button for most is too easily done when hope and greed kick in..
This Weeks Weekly Gold Chart
Read more at https://www.stockhouse.com/companies/bullboard/t.fnv/franco-nevada-corp#oQ3jR2h0xvJqCrxh.99

Bullboard Posts