TSXV:AUN.H - Post by User
Post by
Thecook100on Oct 09, 2012 10:38pm
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Post# 20466964
Just another little hicup
Just another little hicup Last week everyone had their pom pom's on and cheering to they were blue in the face and now Bamn.
We got it alright...right between the eye's. IMO the writing was all over the charts with all due respect.
The smart ones were selling when that huge volume day occured (26 mill share) and the reversal took place at $1.26. If one would look at the charts carefully...we can see a correction down to $1.05 and then a buck.
I wouldn't be surprised to see AUN sp in the .90's if silver continues its downslide to $30 bucks.
The wild cards now are #1-commercial production news at Shafter #2- Q3 financials #3- some good solid drill results from either La Negra or Shafter. That would kick some of these shorters on their butts.
cheers and GLTA longs
Thecook