Re: How much longer?
in response to
by
posted on
Oct 31, 2012 06:52PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Dear Prig;
There is only one good way to ensure investors buy into your company. It's called PROFIT...or at least some tiny hope of a profit...somewhere in the future...
To do that, management must generate more money than they spend.
Since I've been watching ECU/AUM - oh, about 8+ years - there hasn't been anything more than talk about the hope of maybe some day, turning a profit!
Simple as that. Make more than U spend! That is what management can do, and they KNOW that...I hope...Have they published their PROFIT FORECAST this year?..
U simply cannot expect investors to buy your stock without a profit, or at least a PLAN to make a profit, or failing that, have some past track record that shows U know how to make a profit! Frankly, I don't see any of that right now...although, I'm told there is a plan...I've been told that again and again and again...
So...rather than try to fight halloween goblins, and manipulators, and lawyers, (spending MORE money in the process), lets properly play the cards we all know exist. Let's make a profit and see what happens!
As for why the stock is going down when others are going up, I might suggest that it's because investors are selling AUM to buy PROFITABLE companies so that they can take part in the PM rally...(I don't have to name them. U know the profitable ones)
I'm absolutely CERTAIN, that with all the resources AUM has, and the climbing price of Precious Metals, one day in the future, (maybe even next quarter), AUM will demonstrate that this huge ore body can be mined PROFITABLY. I only hope that my wife and I will be still alive to take part in that adventure!...(she is fond of asking me this very question...lol)
ps. prig, a very good title.
lotus petals,
gildage