G'day
MMN usually lead the price of silver, I think with the very rapid rate of rise there is a reasonable expectation of a pullback in the silver price, in fact I called for a pullback when silver and mmn peaked in january. However silver has just kept going leaving mmn short termers confused, I'm not confused (and I hope right), I really like what what they (mmn) are doing strategically, it fits well with my view of the silver bull market. If they were selling silver and making a profit at these low prices I would not be holding mmn. Silver up 8% since my fasten your seatbelts post last week. Though Dave Morgan thinks a pullback is due. Regardless, I'm not gunna be left on the sidelines if silver does go ballistic.
cheers
Rod
I hold mmn/oa and mar (for silver) oh and I still have kcg which might just be sitting on some nice silver deposits :-)
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