TSXV:AUN.H - Post by User
Comment by
art27on Nov 12, 2008 1:00pm
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Post# 15581108
RE: Doesn't look Good....
RE: Doesn't look Good....SLW was down today to $3.30 and silver is down to $9.40. You think this will go to $0.05 ? I still believe AUN will recover but only if silver spikes back and holds at $15. We will watch the december contracts and see how the delivery unfolds. If this continues any longer a lot of companies will stop producing silver. Do you think shorts will now try to manipulate the price of silver even further down to scare people so they don't take delivery ? This is what it looks like! Silver is still selling on eBay for $15 I think AUN should be selling silver on auction houses. Selling right now at $9 is a give away. I think if people take silver delivery shorts will be squeezed mercilessly. SkaweeeeZZ ! LOL That would push the price up and force them to cover.
Art27