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Gold/Mining/Energy : Silver prices
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To: Davy Crockett who wrote (5830)10/1/2002 6:28:36 PM
From: Canuck Dave  Read Replies (2) of 8010
 
Speaking of CDE, you see they are doubling the number of shares?

The debt holders are converting to stock. Dilution, but certainly puts more shares in strong hands.

I have been doing some simple TA on spot silver and I have 4.30 as the probable bottom. Of course, silver never does what you want it to, LOL. I'm now 93% cash and will stay out of silver until I get some real sign that the supply demand situation is changing.

CD
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