"Is The Recent Destruction Of Golden Minerals' Share Price Justified?"
No, However as a warrant holder with warrants bought previously under ECU guidance I am completely disappointed with the "NEW" AUM share direction, i.e. DOWN.... There are warrant holders dumping this stock probably knowing and expecting the warrants to expire worthless in the future. (This can't be algorithms’ controlling the market can it? It's probably someone "in the know". Gee who could that be? Someone who has been to the properties, seen the equipment and talked to the miners and realize that costs will go up and unexpected cashflow problems will plague this company for a long time before we see a turn-around.) Unless Golden Minerals share price turns around these "dumpers" will have their wish.
Just look at sheer volume of shares up for sale compared to the buyers. The warrants have been devastated so please "cry for me."
(Nahh don't,,, my wife said suck it up buttercup and recognize the bargain presenting itself.)
GOLDEN MINERALS CO
AUM.WT: TSX
|
Last
|
Change
|
Bid (size)
|
Ask (size)
|
Volume
|
Day Range
|
|
$0.700
|
-$0.00
(0.00%)
|
0.660 (1)
|
0.700 (10)
|
0
|
0.00 - 0.00
|
Buyers:Sellers:
|
# Orders
|
Shares
|
Bid
|
Ask
|
Shares
|
# Orders
|
|
1
|
500
|
0.660
|
0.700
|
5000
|
1
|
|
1
|
1000
|
0.630
|
0.750
|
5000
|
1
|
|
1
|
5000
|
0.620
|
0.760
|
5000
|
1
|
|
1
|
1000
|
0.610
|
0.790
|
5000
|
2
|
|
1
|
1000
|
0.550
|
0.990
|
1500
|
1
|
Good luck to all,,,, because that is what it will take now,,,, just plain luck.
Have you ever lost faith in something good?
Ops1
