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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: Lost mentors
17
Jan 31, 2014 05:42PM

Sinbob,

Couple things to think about... first when emerging markets blow up where and how do they put their money in a place that is is temporarily safe and can be used in daily transactions worldwide in times of crisis. Answer US dollars and US treasuries. Please note the above use of the word temporary.

Second it's tax season in the US and tax revenues will funnel into the treasury up to the 15th of April.

Hence the reason to taper but only for the brief period of a couple months.

Third Sinclair's company has a joint partnership with the government of Tanzania. Thus the incentive for both the company and government to make this work together as a partnership. How many other pm companies have this type of business agreement?

Fourth as a stockholder in TRX and as a person who heard Jim say among the stockholders that he did not want to go into production until the timing was right and the gold market is ready to alllow the greatest returns. Last month the company announced for the first time that they are considering several different options to get Buckreef into production soon. The fact that this was mentioned is significant. This is the key to watch when they truly will target goals for actual production.

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