Simply a return to 2016 levels would net us a 350% return. Hyper-conservatively speaking, bare minimum, I see a 50-90% increase in AUMN in the near future.
If AUMN experiences a crash near previous lows, I will be buying while others are selling.
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AUMN's recent correction to a new 52 week low at 0.196 proved to be a good buying opportunity. Since hitting that 52 week low AUMN has rallied 30% to 0.27
In my mind, this company is fundamentally undervalued and could quadruple in 2020.
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AUMN could easily not retest below 0.27 in the immediate and intermediate terms. Under 0.35 AUMN is a buy. My position in AUMN is averaged to 0.22.
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Below 0.35 I'm still buying. 0.5 is a high probability target