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11:29 am
June 20, 2012
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Current Daily Chart:
Founded in 1968, Avino's mission is to create shareholder value through profitable organic growth at the historic Avino property near Durango, Mexico. We are committed to managing all business activities in an environmentally responsible and cost-effective manner, while contributing to the well-being of the community in which we operate.
Our primary goal is to become a significant low cost primary silver producer. Our specific objectives are to achieve full time commercial production as soon as possible, expand resources, reserves and the mines output as well as to identify, explore and develop new targets on the property.
11:33 am
June 20, 2012
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ASM has been trading very strong since it bottomed in August. It's effectively broken above some key resistance levels and is now trading on top of it's main moving averages. It's beginning to consolidate above it's peak from the past 6 months or so, so it seems like the bulls have this one under control.
10:30 pm
June 20, 2012
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ASM has been consolidating above it's moving averages for a while now and this past trading session it broke to a new 7 month high point. Volume, RSI, and MACD all look healthy to boot, so looks like a healthy breakout play at the moment.
Key levels: 1.70, 1.80
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