all depends on silver price, if silver dumps to 10 this is going to dump, if silver blasts to 25 this is back over $2+. what were people thinking back in 08 when this was at 40 cents and it went to 10 in a short time? Probably the same bearish BS talk back and forth telling everybody to stay away. Back in 2000 my dad was buying positions in gold stocks and everybody told him he was an idiot and why wasn't he putting all his money in internet stocks. It is always the same, now these days, everybody telling us not to buy here, think about that, don't buy here but when this gets to if ever $5 or higher everybody is going to tell me to buy.
also can anyone comment on why options point to higher metal prices in 2016-2017. AXU just needs to sit tight, the CEO says he doesn't like diluting because they also hold positions
I don't get it , gold took a huge dump and the final flush probably hasn't happened and you are mad it is not $10
when you take a look at options everything seems to point towards higher metal prices at the beginning of 2016 and all through 2017. I don't know if it means much but I think it is interesting.