Re: AUMN: TD immediate analysis
in response to
by
posted on
Sep 14, 2012 01:14PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Not sure about your last statement Silverbull50. I can understand the frustrations, let's not forget $5.75 = 29 cents in ECU money.
We all knew that financing was imminent. Perhaps had management been more on the ball and not delayed everything by 6 months or so, the need for financing could have been delayed, perhaps even omitted with the rising price of Silver.
I'm just not sure that pure equity financing at $5.75 was their best alternative.
Later