Tasty Booshers

[gigem77]

CDE is a silver miner with too many shares and high costs. CDE lags the other silver producers like PAAS, SSRI, WTZ, BVN and SLW. (ABX, FCX, AEM and GG produce large amounts of silver and also provide exposure to gold and in some cases copper). They all moved recently as silver attacked and finally broke resistance around 9.50, hitting multi-decade highs. Silver is likely moving now due to the recent progress toward commencement of a silver ETF. I like PAAS and SSRI in this area longer term, but traded CDE today for a few coins. The volume was great, but the float is huge and it takes a big volume day to get this kind of price action.