TSXV:SLX.P - Post by User
Post by
mousermanon May 18, 2011 6:22pm
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Post# 18597129
Nice pop today
Nice pop todayI noted a lot of green on my silver producers list , but very few made biggers gains on the day than SLX.
I believe the biggest factor being how oversold SLX was . Hard to swallow that this mining infrastructure , production, and silver and gold in ground is worth less now than it was pre -merger.
The market is beginning to question whether the idiots in the media have led them astray again, with this talk of a top in silver for the year, and the average price estimated by the expert commentators of less than 30$ an oz for 2011.
It will get real interesting in JULY when the comex needs to cover the contracts held open for physical....
We will see if there is this big ready supply of silver.