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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: PDAC....
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Mar 09, 2011 04:47PM
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Mar 14, 2011 03:29PM

The company has made numerous documented complaints to the regulators over the last year or so and there is an active open file. I'm sure other companies have as well. I also know that some documented complaints were made by one the largest shareholders of ECU a fund out of the the US. Complaints have also been made to compliance at CIBC, Penson and TD over the last year.

The bottom line is that the regulators tell you nothing other than a file is open and active so nobody knows what actions have opr have not been taken. Sinclair tried to start somehting a couple years ago for Juniors but it fizzled but I know that ECU expressed interest as did a major shareholder of ECU.

There is only one sure way to deal with this and that is generate buying and blow the other side up from demand but the opposite seems to happen because neither retail nor institutional shareholders stick together. ECU has over 10,000 shareholders and the hedge funds screwing around could be between 2-5 plus momo traders which creates easy coordination compared to a company with a large shareholder base.

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Mar 14, 2011 04:39PM
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Mar 14, 2011 05:15PM
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Mar 14, 2011 05:35PM
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Mar 14, 2011 05:46PM
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Mar 14, 2011 06:18PM
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Mar 14, 2011 11:20PM
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