posted on
Jan 09, 2008 07:31AM
Welcome To The Golden Minerals HUB On AGORACOM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Message: Re: Hello (OT on GOG)
Welcome aboard. Edgy made a good suggestion - why don't you start a GOG board. I have been loaded up on ECU for a while and bought a little GOG after reading Moriarity's (321gold) article where he waxed eloquently as below:
"But I've been on the ground at San Diego and seen the core that went with the results. They claim a 2.2 million ounce silver resource but that is based on a very limited number of drill holes. ECU and GOG are in the process of working on a new 43-101 resource based on the Phase 1 and Phase 2 very successful drill programs. The expanded resource should be out by the end of November. Based on the holes I saw, it's hard to come up with a number but depending on the cutoff grade, it could easily be a barnburner. At these prices, the stock seems pretty cheap to me.
I am real sure that when the 43-101 is released, anyone interested in silver is going to wake up in a hurry. Kateri has managed more work for less money in a shorter period than any project I have seen in years. I was really impressed with her accomplishments. There is a lot of silver at San Diego."
The 43-101 actally came in closer to 4M ounces than 2.2M and with their low $35M market cap and 14M outstanding shares I am still hopeful for a double.
1 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply