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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: more good news from Golden Minerals
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Apr 20, 2015 01:24PM

Not sure of the answer but I can offer a couple suggestions. The property purchase agreements may require expenditures, Golden is trying to assess the investibility of these projects in anticipation of a market turn in 2015 and a move to profitbale production (some real true foward future planning), securing a potential second production area in Mexico while property acquisition is cheap, they have budgeted for some exploration costs in the 2015 plan but most of this work was in 2014 I believe having little impact on 2015 spending plans. I also note that a 43-101 and the PEA completed on Velardena offers better access to other funding should it be required other than equity, demonstrating some forward thinking and active management which is welcomed. I might point out that the mill shut down also offered some visible proactive management.

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