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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: What I find encouraging..

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What I find encouraging..

posted on Mar 08, 11 05:22PM

I had been wondering if the depressed share price of ECU was due perhaps to the fact they are operating in Mexico and people were a bit nervous about the political risk. ( Of course this idea comes with the assmption that ECU is traded on a 100% free market basis and that the low share price is an honest appraisal of this company at this time)

But, after seeing GPR and EDR (both companies operating out of Mexico) heading for the moon, I think it's safe to say that the political risk of operating in Mexico does not appear to be a big hindrance to the share prices of these two companies!

In conclusion, I feel that we can at least eliminate political risk as to why ECU is so undervalued.....

Why ECU is not taking off, is quite perplexing... maybe the market doesn't like the fact that one little company has more reserves of silver than what is produced in one year on the whole $#$% planet! (a little sarcasm...haha)..

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