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.

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Message: I can't think of one good reason for SP at this level

Many companies take twice as long as this to make money and as some even stated here months ago that a mill of this nature takes 4-6 months minimum to get up and running let alone making money. ECU is ahead of plan and has done an excellent job getting the mill to this very important operational objective, being cashflow positive.

I was one of the skeptical ones when it came to the mill, they have definitely outperformed in this regard imo. Still think the middle of the night option move was more than questionable, but although that pizzed me off, and would've really pizzed me off if they pulled it off. I still wouldn't have sold.

At .60c and lower with the resources they have I will be nothing but a buyer. The more it drops, the more I will buy. If your a precious metals bull, get your wallet out. As pic says lets see where we are in 2011. If you don't have at least a small position still at that point, you probably have sold too soon. I will have a core position of ECU for some time I believe. As Jim Sinclair says, sell the Rhino horns, buy the fishing lines, hold your core firmly. I own more shares in ECU than I thought would be possible when I bought my 1st shares of this company. I consider the shares I have bought in the last year an absolute steal.

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