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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: Red flags and rumors

Re: Red flags and rumors- ftt

posted on Nov 18, 2009 07:01PM

I agree. Most US residents don't know the Canadian shorting rules. Most Americans don't short penny stocks. Just brokerage houses.

There is surely nothing wrong in listing a rumor if heard from a reliable source. It doesn't make people run to the trough and unload their holdings.

I would welcome a PP as it only assures that prominent people are interested in this company. (I might even participate).

Let's get back to talking about ECU and their ambitions and objectives instead of all of this other crap.

As I said months earlier that the only way this stock will rise is on production results or a mother load find. The hype of finding the mother load is over after you go into production.

Production results are starting to come in gradually, month by month, but the mother lode is yet to be found.

Certainly it's frustrating that the price of silver moves up dramatically, and ECU seems to lag in the back ground, but a lot of other juniors are also at the same starting gate.

We need more direct commmunication from head office and this should occur on a timely basis. No more speculation as to when they are going to release last month's production records. It should be automatic on a certain day each month.

The company should realize that shareholders need this information, not the board of directors, and certainly not management. Management knows what's going on. It is only good business practice. And not just from a mining sense.

It's the shareholders that are relying on the trust in management and not the supposedsly hedge funds or naked shorters out there.

I don't care if you came from the other board or not but I do believe you must have some interest in company .

And I also know if you're from Canada that you are probably not shorting.

Enough said.

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