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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: Appears there is nothing new...Bujjai
10
Feb 12, 2010 12:06PM
7
Feb 12, 2010 02:52PM

Any moneys that come in from production will be used to pay down the debt and expand the resource thru further drilling, stoping, updated the scoping study and so on. Then there is the completion of a another ramp .Then there is a proposed expansion to a 1500 tpd mill and possibly a 5000tpd mill.

There will be no moneys in the foreseeable future for a dividend. Money willl be used to further the resource and increase production so that ECU will exit the juniors and become a mid-tier producer...hopefully eliciting some much-needed respect and heightened share price...at least that's the plan...

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