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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: physical bullion is the key

Re: News

in response to by
posted on Jan 28, 2010 11:43AM

I'm pleased with this news release. November and December production numbers were decent and don't include the base metals. And the company made it pretty clear that January is going very well and should almost be equivalent to the December and November numbers combined which would be an outstanding result. With many production challenges having solved, it seems the corner has finally been turned at last and it will onlt get better as production moves forward.

The company has indicated they will report the January numbers, then February numbers and then they will report on a quarterly basis going forward which is the industry standard. As indicated the January numbers will show the company as very cashflow positive and I would expect February to be even better and March better again so it's fine to report quarterly now that a very positive revenue pattern will have been established.

In my view the company has been a month or two behind plan on revenue but it looks like that is now going to be a thing of the past which is excellent.

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