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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: A peek into what the scoping study may hold

Hi Argoz,

I remembered this post and was hoping you might respond to my (or another) post today with an update - so it's good to see one!

My question now would be... quarterly spending. What is it at the moment? All in all- I'm guessing we'd be definitly looking at profitability based on 7 million in revenues no? Anyonw have an answer for this?

If we are profitable... judging by roughly how much would determine our potential of holding that for long enough for others to start seeing ECU as a viable long term producer and price us that way. I don't see a drop in silver coming, in fact as I said before I think under 20 is a thing for the history books... so this could mean a permanent swing to 'profitable'? That would be an allmighty stake in the heart of doubters.

Soul

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