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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: ECU projections

My numbers show that for every $1 rise in silver, ECU's stock price should increase 15 cents using a PE of 30. Since a few months ago when silver was $18 and ECU was 50 cents, we have had an increase in the silver price of over $6. This means ECU should be 50 cents + 6 x 15 cents = $1.40 just based on the silver and gold rise. The Ivy League suits will not figure this out until ECU posts $4 million profit for Q4 on Feburary 15, 2011. Some investors will figure it out earlier. Feburary 15 is only 4 months away so we should more than double by March 1 if we hold the existing metal prices. If silver keeps going up 60 cents a day our stock is going to fly.

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