Re: News????? - more analyse
in response to
by
posted on
Apr 01, 2011 02:31PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Not that anyone really cares, coach, but I don't mind a little copper in my concentrator.
That doesn't change the equation very much at all for me. Whether the profit point slides up the curve to $38 or $40 silver, $1500 or $1600 gold...really is a moot point.
GWR is right on when he says that it's not about the production. Production is just a means to an end. That "end" is the core of the drill.
That "end" is the proper valuation of a half billion or a billion silver equivalent ounces in the ground at silver prices of $200 and $4000 gold.
I rather think that the warrants today tell the story!
100,000 traded up $.02 with ECU down $.04 !!! +'ve divergence?
What will "proper" ECU prices be in 2014?
I can imagine it...but the numbers get too big to really comprehend.
lotus petals,
gildage