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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: Velardena News

"The Company is now evaluating the economics of a restart of the Velardeña operation without the need for major capital expenditures for the BIOX facility and ancillary equipment. Pending confirmation and Board approval of the start-up plan, the Company believes that it could commence production as soon as mid-2023."

 

I'll believe this when I see it.  Management has been "evaluating economics" for years.  I think it's "lip-service."  They have limited capital and Rodeo will deplete at mid-year. 

Personally, I don't trust anything they say.  If there is anything to gain from Valardena, it's only because the rising gold/silver prices have bailed them out.  Nothing mgmt. has done for four years has generated any shareholder benefit or improvement to the company's valuation.

 

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