Agoracom: Small Cap Investment - Golden Minerals Company - Re: WARRANTS LOSE OVER 50% OF THEIR VALUE TODAY

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Zipper

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Re: WARRANTS LOSE OVER 50% OF THEIR VALUE TODAY - Apologies

in response to

Re: WARRANTS LOSE OVER 50% OF THEIR VALUE TODAY.

Babaoriley

posted on Dec 03, 2012 01:29AM

Hello readers - when the warrants hit $0.99 I thought they were a good buy (bought some myself, in fact) and posted that they were a good deal. Considering I have bought all of mine at much higher prices it WAS true at the time.

After the $1.00 barrier fell for real it has been 'a burnin ring of fire, going down, down, down and flames go higher'. And it really does burn.

If any of you followed my suggestion - my apologies. I'm still puzzled at the action on Friday.

After the 20:1 share reduction, there couldn't have been more than 2 million total AUM.WT's out there?? Does anyone have that number? So more that 10-15% of there warrants traded in a single day?

Now back to extending those warrants - what can we do to help make that happen? Do we need to write to the Golden management? If we can get that to happen I would at least have some hope again :)