Golden Minerals was clear there would be a 1-step back wards to advance production improvements at Valerdena and it appears this was successful. Now it appears the 2-steps forward is underway as they have exceeded their production goals for the quarter.

The market will realize a true value for this company if they can continue to meet and exceed their forecasts. It does not take math wiz to figure out they will be generating serious cash flow later this year should they continue to do so based on their forecasted numbers.

The resource updates expected shortly will certainly add fuel to the fire should they continue to display an ability to improve both recoveries and production.