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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: Sad

Re: Sad

in response to by
posted on Feb 19, 2009 11:48AM

I think I'll be buying between .15 and .22, barring another dilution. Time frame is unknown, but the pain here can run a very long time.

The mill purchase was a good move, no question there. And we would have needed another dilution later this year without the benefit of the new mill. Kind of like getting a lollipop vs. a Beggin' Strip.

A fast forward tells me we'll be trying to build mines at hyperinflationary prices with a share price under a dollar, and Altmann will be laughing with TD.

Mr. Altmann seems to think shareholders like bending over, so I suggest someone with close ties to the front office tell him the party is but a few cents away from over. Or maybe that's his intention...maybe he will some day be a buyer.

Again, please don't rah, rah me. Take my rating to zero, but cut the cheerleading. The game is near over and the score is 3.50 to .50. All of M. Roy's sweat for so many years now appears as a waste of his good time.

Through the people on this board alone, Altmann could have raised at least 10 million. It is sad.

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