Re: The Stockhouse Argument
in response to
by
posted on
Mar 20, 2009 07:45AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Delightful gentlement indeed, that is why I am here and have not visited there in perhaps a year.
I am not a knowledgable type ( my typical research and calculations or on a napkin) but because I see no direct answer from most of the members here whom I consider qualified, I give you my comments.
SP of $0.35? could be. The members there I consider of the shorting variety and so they are probably pulling the strings often enough to achieve that price.
More right than Agoracom's ECU - So? Even if they were more correct, they should be because they are some of the ones connected with the manipulation. What matters is what will be deemed correct in the end.
Silver is in shortage, it is vastly undervalued versus the gold standard, we hold a large resource even on a per share basis so the fundamentals are with us, it is just a matter of time. I am not concerned with short term fluctuations so I for one am quite willing to concede them the short term bragging rights. They must be suffering from an inferiority complex to so brag.
This board seems to be made up of long holders as I consider myself to be one. I do short term trade a small portion of my dozen or so stocks to take advantage of the low ball offers, as in yesterday I bought some ECU shares at $0.45. I'll sell them once they appreciate at least ten percent and probably twenty is when I'll part with most of them. Needless to say, my core position in ECU is slowly but steadly rising.
My recent purchases have been at about C$: 0.65, 0.58,0.50 and now 0.45. My next buy batch will have to average 0.40 and should they shove it down to the 0.35 then that is where I kick in again.
Debt of 25 million$? I prefer a debt to alternative equivalency in outstanding shares.
With the second mill to be in operation at any moment we will have ( Rosy per Scruffy) income so that subject is a dead issue for me. It is just more bashing in order to achieve their 0.35 share price.
As for better investments, why don't they invest in them and not bash out stock.
On the contrary, they hang around the ECU boards because they see a great stock and they bash to lower the share price to get us long holders to buy into their agenda so they will get our shares cheaply.
These are just examples as to why I do not visit there anymore and for my sake please do not bring up their opinions here, I feel they have been discredited and their opinions scratch old wounds. If I wanted their views I would have visited there on occasion.
Finally, the answers are just too obvious.
Tinshins don't take it personally, it is a fair question but I address any new readers of this board. Many members here came from there so I presume we would rather leave their opinions to them.
Respectfully, Cheers.