Re: News????? - more analyse
in response to
by
posted on
Apr 01, 2011 02:58AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
It would be great if someone could post the news as I still haven't seen the press release.
However, if bikemaster is correct, this is somewhat encouraging as it at least looks like ECU's days of share dilution may be (I hope) well and truly behind us. While it's not a profit, it is very clear that one will come soon as long as there is no massive correction in the price of silver.
I shutter to think however of where we would be if silver was still 16$ and we had not procured the mines. I know that in mining there is a big difference between exploration and production, but it does concern me that we have such high monthly costs. As long as these are directly connected to our minor production and our major exploration efforts, that's brilliant... but it really takes 'mining people' to see beyond the numbers to view the potential and the future.
For us to get the average investor interested and on board, we need to both show them the resources... but also show them fiscal restraint and profits. I for one am going nowhere, but I do hope Q1 shows us the money. Even more so, I hope the drilling shows us the mother loade. Lets get this elephant/Hedge fund off our backs and quick.
Soul