Re: ECU Silver Discovers Second New Vein on the Chicago Property

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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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lawnbowler

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Re: ECU Silver Discovers Second New Vein on the Chicago Property

in response to

Re: ECU Silver Discovers Second New Vein on the Chicago Property

argoz

posted on Oct 07, 2010 10:17PM

You need to keep going, Argoz....

$4.32 million per month revenue, less $2 million operating and corporate costs leaves $2.32 million per month profit, or $27.8 million annually. Based on 307 million shares, this is $0.09 per share.

A 50/1 P/E ratio gives $4.50 share price. Is this last calc correct?

Now, when we also have the 1500 tpd mill addition.....

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