Finally Golden Minerals Co (GDMN/AUM.to) is still delaying its Amex IPO. That's good news as the stock is doing well without it. Now they will announce the 43-101 that includes the big recent drill holes in a few weeks. I am very excited about it. Hopefully more investors can see the huge value of the stock after the 43-101. GDMN has market cap about 50-60 million, 20 million cash and 45 properties, some of them are truly world class.
I have been communicating with the GDMN management and asking them to consider list on Amex without raising money. They have over 50 million market cap now, qualify Amex 100%. They have almost 20 million cash with the recent 6 million from Sentient, really don't need money for a long time. Many juniors are dying to be in their position. Why dilute existing shareholders? I have seen stocks jumped 100%, 200% recently from Amex listing announced to a month after Amex listing. I am hoping GDMN will do the same. Join me to contact the company and express our opinions. The contact info can be found from GDMN website.
http://www.goldenminerals.com/
Regards,
Chen