Avino Silver & Gold Mines Ltd (ASM)

[mudpuppy]

silver should drop another $2 over the next month or so, as usd rises, and all usd silver miners will take a big hit.

[trueblue]

Ok....... I bought back in a small amount of shares today, lets see if we are able to buy more shares below $2.00? JMO

[trueblue]

Not yet, just waiting and watching. Trying to figure out what pps to buy a few back? seems like we are getting closer to a buy in my opinion. Worth about .0000000001 cents!! JMO

[rawiron1]

Fib retrace puts a 40% buy target of 2.17. Did you get back in? I got back in at 2.29.

ASM

[mudpuppy]

short lived uptick in the asm downtrend going to 200dma (~ 1.60) in sept.

[shotgun]

terrible, terrible ER report and that is why the sp took a hitwhen will things ever get better?

[mudpuppy]

looks llike hard down for asm and pms for few weeks now..
asm low around 1.50 I think .

[mudpuppy]

it has more to do with price of silver which is going back down to $16's........ and manipulation.

[trueblue]

Seems like the numbers were bad this quarter, Maybe this pps heads lower. I may buy if it drops down below .02! JMO we shall see but I think there was way to much hype on the stock. JMO

[mudpuppy]

ok reached first support zone at 2.50
next support zone 2.00 before august 15

[trueblue]

Yikes!!! I won't be catching the falling knife on this one! Lets see where the pps is in a few days after people have seen they never met the numbers! Fell short of goals. In my opinion of course! Maybe buying again in the $1.00+ range? JMO

[trueblue]

The pe is so high that it's unreal? I can't buy until it quits levitating! Wish I had left my money it longer? Left a bunch on the table. JMO

[mudpuppy]

below $2 in august

[trueblue]

I'll be buying again if this dang thing will do a little correcting?

[mudpuppy]

I think you'll get your wish for correction starting today and preceding quickly as silver and gold turn down.

[trueblue]

Would like to see that correction now? I sold the last shares at 2.74 and it just hesitates and heads higher? Crazy I think we should settle down in the low $3.00 area but we need something to drive it back down for a bit? Or Guess I am left watching from shore as the pps sails away! LOL JMO

[mudpuppy]

silver and asm did go much higher than I expected. HOwever the correction seems to have begun now and much lower prices can be expected over the summer, imo.

[mudpuppy]

kitco posts alot of disinfo
sure silver has room to run after it crashes for couple of months
silver made new 1 yr highs today while asm is 15% below its highs. Thats called negative divergence. it means the manipulators are shorting asm while running up silver temporarily.

[Daxtech]

Kitco Comments on Silver
Nice article about silver prices today:
www.kitco.com/news/2016-06-29/Silver-Hits-21-Month-High-Bulls-Have-Much-More-Room-To-Run-On-The-Upside.html

[mudpuppy]

this is gonna drop so fast over next month, it make ur head swim

[louisgeorge]

This is gonna be like AG, that thing climbed form $2 to $12! BUY UP!

[Daxtech]

2nd Quarter Production Results in July
While past performance is not a guarantee of future performance, I would expect 2nd Quarter production results (number of ounces of silver and silver equivalent)sometime in mid-July, and 2nd Quarter earnings in mid- August. Good luck to all shareholders!

[mudpuppy]

haha. there's no brexit..
vote is not legally binding...
uk pm cameron is resigning so nothing will happen until new parliament plus europe will force new vote,
by next week, this rigged bounce in gold and silver will subside and reverse as broad market regains footing...and usd keeps rising.

[TheFinalCD]

NOT NOW W/ BREXIT, AND GOLD FLYING NORTH


(ASM)

[trueblue]

Looking forward to seeing the pps move lower! hope your right? I'll be loading shares again! This time I just may have to leave 50% of the shares in the stock and ignore the gains! JMO

[mudpuppy]

yeah load up if you wanna lose 30-40% over the next 2 months.

[louisgeorge]

Down day, LOAD UP$$$$$$$$$$$$$$$$$$$$$.

[mudpuppy]

haha loading zone for those who like to lose money lol

the action today in both pms and pm stocks is the same, an outside reversal. This the most bearish of all indicators and portends exactly what I have been predicting to happen over the next couple of months..

[goodnews1]

(ASM) LOADING ZONE$$$$$$$$

[trueblue]

Well 30+% was great in the account, but we shall see if the pps dips any large amount then it will be time to buy possibly? I might be a buyer in the $1.50+ range? JMO

[mudpuppy]

when asm is back to the 1.30s in july/aug, you will be wondering if it's going to $1 and miss out again. the sheeple are easily sheared.

[trueblue]

???? Well, I kept on thinking it would come back down also and crap it just keeps going higher! Of course the company mentioning starting the second mine up didn't help for getting back in cheap neither! LOL Shoulda, coulda, woulda,!!! still made 30+% on my money but 100% would have been better! JMO

[trueblue]

No....... I had a buy in but in never fell low enough and then I was tooooo stubborn to buy back in thinking it would come back down!! gosh dag nab it!! why is it the ONE I sell for a decent profit just keeps going and going up? Dang!!

[Daxtech]

David Wolfin's latest presentation on Avino on YouTube:


Avino Presentation

[mudpuppy]

silver has hit secondary high as did asm...now watch both crash for a month or more.

[Daxtech]

I find it helpful to keep a screen open showing the current price of silver as I watch Avino on Level 2. Today was a good day for silver as well as for Avino.

[silvereagle123]

I envy you people! I'm not a shareholder (ran out of money). But this stock has been on a tear!!!! Congrats.

[silvereagle123]

What a great performer! That low float helps ALOT!!!

[rawiron1]

Took 3 positions up between 1.31 and 1.61.

Ave. 145.

Hit 1.29 today.

ASM

[mudpuppy]

it would be good for usd, and bad for pms at first, but pms can and will rise as usd is topping later this summer. It's often said that pms lead or foretell a change in everything else.

[silvereagle123]

Let me ask you something if the Fed raises rates (in general), that's always good for the dollar but bad for PM's, right? Thanks

[mudpuppy]

back to 1.20 in mid july as usd rises

[silvereagle123]

They only have 42 million shares outstanding? That's great!

[ontrget6]

:) :):)

[rawiron1]

You buying yet?

ASM

[trueblue]

When the pps gets around 1.20 I'll be a buyer again! JMO

[trueblue]

Only a few days to earnings report, seems people are buying before any news? JMO

[mudpuppy]

maybe bit lower than that as usd rises and pms crash by june

[rawiron1]

Fib retrace of 50% puts this at 1.16 I think. Looking to take up a position here between 1.10 and 1.20. Need more research.

ASM

[trueblue]

Looks like a great stock to own, one of my better ones! I also just recently looked at precious metal mutual funds and found vgpm@ 5 star, what I also noticed is most all precious metal companies are headed higher since the beginning of the year? in my opinion folks are heading to safer things then regular stocks? JMO