Welcome To The Golden Minerals HUB On AGORACOM

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: a big seller

Who are you, I don't know you!!! I see no posting record here or anywhere else for that matter.

A new alias name signs up and decides to point a finger at me because I like the assets of this company and have for a long time. I still hold a very large share position in AUM and am considering buying more. I can't help that management has done a poor job and disappointed many people, nor can I help how this market views precious metal companies and in particular juniors, nor can I help that shorts have played a role in AUM stock price.

I have my reasons for my position in AUM as the underlying assets are real and very good even if the market says otherwise at this time. The market is saying that about the whole sector for quite sometime now and no one knows when this will change as everyone I know, trust and respect has been wrong about this but I don't point fingers at them, I hate finger pointers with a passion.

Here are my comments this morning in an email exchange with someone who used to be very involved with running ECU and has forgotten more about this project than most know:

In reality xxxxxx we are light years better off than a few years ago. The ramp is complete, lots of mining equipment, 2 mills with at least one upgraded with a front end circuit, over $20 million in cash, no debt, no legal issues, an extremely deep property exploration package (40 plus properties), a major project opportunity in Argentina (El Quevar) and a huge resource at Velardena. On the other side management sucks, never achieved profitability since taking over after ECU was at about breakeven, and the market sucks more for precious metal companies.

Even in a poor market we should be much higher than presently trading, the stupidity of markets never ceases to amaze me.

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