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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: Just watching the miners

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argoz

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Re: Just watching the miners

in response to Re: Just watching the miners by DONTCRYFORME

posted on Oct 04, 11 07:07PM (Log in to use the IP Check tool) ^[?]

I own one miner that is built like a tank. $150 million in cash, a silver royalty from Xstrata that is going to be worth $1 billion at current silver prices and 5 million ounces of 8 gram per tn high grade gold in veins with a average width of 10 meters and a share float of about 170 million shares. All this and their share price has dropped from $7 six months ago to $2.70 today. Golden Minerals is not the only one bleeding in the streets.

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