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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: Profitability of 1500 tpd sulphide mill

Monthly revenue = $5,508,639

Operating cost 1500 tpd x $50/tonne x 30 days = $2,250,000/month

Loan Payment $40,000,000 @12% x 10 years = $573,884/month

Monthly profit $2,684,755

Annual Profit = $32,217,060 = 10 cents per share

Conclusion - Build the mill!

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