Re: I will agree to disagree. Nuff said. We don't want to alienate everyone here.
posted on
Jul 29, 2012 04:59AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
This is a tough one. If Aumn is going to continue this type of management then they need to look at the near future. First of all any needs for further exploration should be bought now not after inflation really rears its head up in front of us. We must all see inflation will rear up ugly results for anyone not prepared.
Maybe I am wrong but when corn,soybeans, and heavy duty metal is about to inflate so much higher in the near future, not to mention the elections will be over, the real attack on foolish miners will rear up a very high price to continue progress.
The other side of that coin is this. The droughts are killing the midwest and will raise inflation at least 4 percent. I believe it will be more than that so as they always tell us as individuals store what we need in case of pricing in the near future.
Either way the price of metals will rise after this insane election process. But Aumn would be better prepared to buy upfront and make a better profit, equipment,fuel, and well picked people in a economy that will not show a better based employment percenage.
Unless I am wrong Aum has the capitol to be be prepared for a better profit margin by being ahead of this problmatic appproach of the coming years. Why sit on the cash flow they have when they can save millions when inflation hits us all hard.
That is not even including what might happen in world political matters. Am I wrong that Aum has the capitol to be prepred for this calamity? Think of the margin of price reflelection if the company plans this out? I don't know? But the 76.00 dollar price tag for this company should still be able to make if management is prepared for the infationary bug.
Then again maybe we were bought out? I hope not . Swore I would go to the last penny and I am still here. I hope we all will still be here. All I know if food cost go up 4% what do you think oil will be? Wouldn't that raise inflation even higher?
Just a thought and a hope we will see inflation carry us over the top.And at least I am seeing the hui going up. Keep fighting. These clowns can't write us of yet. In fact I think we will beat them if common sense is used.