Now let me see?
posted on
Jan 09, 2010 02:43AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
I hope I don't offend anyone,
I especially mean GWR1 who I have great respect for. It is nice Coach that you inform us of what maybe ECU plans to do. But as someone who has ECU as your subsciber does not fit well in telling the whole story. GWR1 has always been preety consistent but here are my questions. Did we not already prove the resources of ECU's mining capability? Did they not just borrow another 12 million dollars for operation costs? Did after the deal was made more than 2 million shares given to ECU management and possible employees. Were we held out on any options when ECU made this deal with 2 New york banks. So just a little addition I came up in my own head. Yes I know a few may argue with me or set me straight have no problem with that. OK! Number 1. The fact that they borrowed money to continue a good cash flow for the mill and future findings makes no sense if you are giving 2 million dollars or just short of that to company officials that have been eating our money. 2 I ran a company before and there is no reason why we don't get a honest profit and loss statement. 3 if they are borrowing this money without showing some kind of proof that our shareprice belongs where it is then it will continue to happen. The bank is buying us out is all I can figure. Not anyone on this board can tell me that they think AIG, fannie and Freddie, or GMA C executives are owed a bonus for what they took do they? And some of us are still yaking a 30 to 65 percent loss since before the first 43/101 report came in. Lets not forget the mill is up and running. And if it is at 600 tpds a day it may not be making big bucks but it is not losing money. We don't deserve this type of shareprice not at 18.00 silver, not even inluding all other metals involved. And I don't feel I am bashing I am looking at facts. Including the fact that ECU management loves to lurk in the dark. I hope I am wrong but when your stock is worth less than the individuals that run the company we pay for results it doesn't make sense.