down 41c today sub $28.
Not going to be good for results of PAAS
not collapsing yet. would consider it a collapse if it falls through 26. testing support still.
its in a bear market already, very little to prop it up. Hedge funds are running a mile, lacklsuter industrial demand, very hard to be bullish about silver.
I predict no dividend this quarter from PAAS as they will need to conserve cash.
the clouds are swirling and PAAS at $20 to get it out of the ground is looking like it will baer the brunt of the continued downturn.
I rate this sector as a strong sell
Sentiment: Strong Sell