posted on
Jan 28, 2010 12:52PM
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.
Message: Re: News
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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