ShortingA month or so ago I had read about pm shares being manipulated via shorting. Initually I thought it dubious and ignored it.
However after going through literally dozens of pm stocks looking at trends Im actually pretty sure its happening. Feels like 2008 in pm shares,,,, since January and IMO they are being shorted to a degree so as MMs can load up looking months further down the line.
They are simply loading up....Silver at $49 companies (with great grades and management) are being hit as bad.....go figure!!!
As for this companies management and PR dept I simply cannot praise in any way have kept an eye on for months wanting to re-enter as I did well on its run up a few years ago.
The only shares I have made money on this year has been oil plays...none of my pm holdings have gone up.
Anyway EXN - management need the cashflow then worry about the elephant....get the 2nd mill up and running all the parts are in place...
GLA