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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: Re: News
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Jan 28, 2010 12:29PM

Re: News

in response to by
posted on Jan 28, 2010 12:52PM

Hi gwr1,

Something interesting I discovered from ECU results since production started.

Total No. of ounces of gold produced (till end of Dec) = 5553

Total No. of ounces of Silver produced (till end of Dec) = 183494

Assuming ratio of $ return is consistant for both metals (i.e. 75% of market price)

Gold returns approx. 65% of total compared to silver.

Assuming my records are correct, I find this very interesting.

Hopefully the ratio of gold to silver will remain.

Good Luck to all!

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