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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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Message: Just imagine.

Just imagine.

posted on Nov 15, 2007 09:10AM
Using silver price of $14 per ounce and 240 million shares. 100 million ounces in ground is worth 1.4 billion US dollars. ($5.83/share) 200 million ounces in ground is worth 2.8 billion US dollars. ($11.67/share) 300 million ounces in ground is worth 4.2 billion US dollars. ($17.50/share) 400 million ounces in ground is worth 5.6 billion US dollars. ($23.33/share) 500 million ounces in ground is worth 7.0 billion US dollars. ($29.17/share) And so on... Take 10% of value for demonstrated resource that is non-producing and you have an absolute basement price. But we are a producer! That means about 40% of the value. Per current 100 million ounces, $5.83x40%=$2.33 per share. With our current share price hovering around $2.25 with National Instruments 43-101 around the corner is anyone really worried? Stop worrying and allow yourself to imagine the possibilities, Cheers. EdGee.
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