AUMN
I am not sure silver needs to get significantly stronger for AUMN to go up, as AUMN looks cheap to me. They did the merger and then they offered some shares around $7.70 so a big investor could maintain their % ownership. In addition, the PM's corrected. So, no surprise the stock corrected at the end of the year. Technically, the chart looks strong.
I was encouraged to hear about monetization of their holdings. They have several properties. It would be great if they could sell some assets to limit dilution. There are not many companies with a share structure like AUMN and their assets. It will not take much buying to send this stock higher given the tight float.
Jay Taylor pumping it at the end of the month can't hurt either. Maybe, he will continue to write about AUMN.
Lastly, the resource update is being delayed so they can include new drill results. The company knows the assay results. If they were bad, would the company delay the report so they could include bad assays?
Good Luck,
News 
Market Data 
Discover 
AI
