Tech. Alerts on Silver Stocks

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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bluegold

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Tech. Alerts on Silver Stocks

posted on Dec 16, 2008 10:51AM

And where are the alerts for the junoir companies??

Technical Trade Alerts on Silver Stocks: SLW, SSRI, CDE, SIL, HL, PAAS
12/16/2008 11:21:29 AM - BSR

Dec 16, 2008 (BAYSTREET NEWSWIRE via COMTEX News Network) --

DALLAS, Texas - Beacon Equity Research announces the release of Trade Alerts covering Silver Stocks: Silver Wheaton Corp. (NYSE: SLW), Silver Standard Resources Inc. (Nasdaq: SSRI), Coeur d'Alene Mines Corp. (NYSE: CDE), Apex Silver Mines Ltd. (Amex: SIL), Hecla Mining Co. (NYSE: HL) and Pan American Silver Corp. (Nasdaq: PAAS).

In the Trade Alert, the author highlights Silver Wheaton's approval of a shareholder rights plan:

"Silver Wheaton Corp. (SLW) shares closed yesterday at $5.07, up 11.92% from the previous close of $4.53. Silver Wheaton, a mining company, engages in silver production. ... The company recently announced its board of directors has approved the adoption of a shareholder rights plan intended to prevent any person from acquiring beneficial ownership of more than 20% of the outstanding common shares of Silver Wheaton or from entering into arrangements or relationships that have a similar effect."

The Trade Alert author also featured Silver Standard Resources' successful drilling at Maverick Springs and San Luis joint venture:

"Silver Standard Resources Inc. (SSRI) shares closed yesterday at $12.59, up 11.71% from the previous close of $11.27. Silver Standard engages in the acquisition, exploration and development of mineral resource properties, primarily silver, gold and copper in Argentina, Australia, Canada, Chile, Mexico, Peru and the United States. ... As operator of the Maverick Springs joint venture, the company recently reported successful follow-up diamond drilling from the 2006 program in which MR-166 intersected 140 feet grading 7.65 ounces of silver per ton, including 40 feet grading 25.2 ounces of silver per ton, and hole 167 intersected 140 feet grading 11.1 ounces of silver per ton, including 15 feet grading 89.4 ounces of silver per ton. ... The San Luis joint venture, which is 55% held by Silver Standard, recently reported a 31% increase in measured and indicated gold resources at the San Luis Project."

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