mmn versus us silver stocks-chart

  1. 5,382 Posts.
    G'day
    Just doing a few chart comparisons and noticed that mmn, which has followed the the US silver stocks (ssri sil hl paas) pretty closely. However there was a divergence with mmn making a lower high in march of this year, where the US stocks made a higher high.
    This may indicate that mmn has some more upside or maybe its the exchange rate? Also in that month a director sold about $20k worth of shares leading up to the tgd float which was delayed later that month.
    Any thoughts?
    cheers
    Rod
    Heres the chart I used ssri as it the to charts follow each other very closely and the companies are similar in that both are waiting for higher silver price before mining.
 
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