I've noticed more divergence between the metals and miners recently. There was a day when they moved in almost lock step. If the other miners were up with the metals today and SLW was down we could assume it was SLW specific. As it is, SLW is just moving WITH the other miners. I'm not worried about it. It will be offset with a day when the metals are down and the miners up. Still is a little disappointing I know.
SLW has been TOTALLY outperforming the price of silver...as long as the metal goes higher we will be fine. SLW has traded in the past $1 higher than the metal price, so it is possible that we adjust here to the metal price.........we are not going to 17 but perhaps 25 depending on the metal price, a consolidation is healthy and constructive before another upleg.........JMHO