AUMN 3rd quarter results

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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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Quixote2

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AUMN 3rd quarter results

posted on Nov 07, 2016 12:43AM

http://www.goldenminerals.com/pdfs/GLDN_InvestorKit/Press-Release-Nov-3-2016-Q3%202016%20Results.pdf

Have made a significant cut in loss/bleed rate. $0.8 million loss for 3rd quarter with $3.4 million cash/equivalent balance for 9/30/2016. The company projects a cash balance of $3 million at the end of 2016.

Looks like they can hang on for another year awaiting higher silver prices.

A Nov 3 presentation is at:

http://www.goldenminerals.com/pdfs/GLDN_InvestorKit/Golden%20Minerals%20Presentation%20Nov%202016.pdf

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