Re: Drilling prospects aren't in the forecast
in response to
by
posted on
Jul 26, 2011 06:35AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
As I recall, some of the ore grades in the last news release averaged something over $3000 per ton. (wasn't it?)...This is probably 5 or more times current mill average (correct me if I'm wrong argoz).
There is always the possibility that we could hook up this new high-grade ore supply to the mill (oxide?), and make more profit. Even 400 t/day of this stuff would generate over $1 million per day!
I hope they find that this vein is continuous and plentiful...looking forward to hearing more about this one.
lotus petals,
gildage