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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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Message: Re: Zack's Bear of the Day: Golden Minerals (AUMN)

My view is the bottom for gold/silver was done in June 2013 and a major move higher is in the making, no way to know how long the momentum higher will take to materialize and it won't be all one way but the major longer term direction will be.

If you had bought Barrick at the bottom a couple months ago you would already be up 50%, this applies to a number of the larger gold stories. I supect this indicates the juniors are poised and ready for larger moves higher with some having already started. As far as AUM/AUMN goes, the new production plan should soon be approved if all final data looks like the intital data. The company has ample money for a long term re-start program and if the last data was correct the plan indicated they would make money abgove 420 silver, I suspect this will be even lower with the final plan.

I bought more stock a few weeks ago and paid higher than the present stock price and have been sitting on my hands lately contemplating buying some more. Numerous times I have had my finger on the buy button but did have a bid in the other day for 5000 shares, just for the day but didn't get hit.

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