Welcome To The Golden Minerals HUB On AGORACOM

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: another good zerohedge post of interest

The following values are as of 11/23/11 and are found on the GoldMinerPulse website.

The following contrasts GPL vs.AUMN, GPL values listed first on the left, AUMN on the right:

In Situ Metal Value per Share (MVpSh) : US$6.63 vs. US$316.16

Average Ore Value per Tonne : US$550.18 vs. US$338.57

Metal Value Leverage (MVL) : 3.03 vs. 50.05

Market Capitalization as a Percentage of Metal Value : 33.0% vs 2.0%

Recent Closing Stock Price : C$2.29 vs C$6.62

Fully Diluted Share Count : 139.27 M vs. 38.7M

Percentage In Situ Proven + Probable Reserve : 0% vs. 0%


Percentage In Situ Measured + Indicated Resource : 40% vs. 11%


Percentage In Situ Inferred Resource : 60% vs 89%

 

Silver Reserves + Resources : 19.60 M oz vs. 212.02 M oz

Average Silver Ore Grade : 363.4 g/t vs 182.5g/t

Market Capitalization per oz of Silver In Situ : US$15.52 vs. US$1.15

Silver Equivalent Ounces Estimate : 29.02 M oz vs. 384.64 M oz

Market Capitalization per oz of Silver Equivalent : US$10.49 vs US$0.64

Contrasting GPL to AUMN is extremely interesting. AUMN has 16.13 M oz of Measured and Indicated Silver at an average Ore Grade of 130.70 g/t at Valardena. Let’s ignore El Quevar and contrast this to GPL. GPL has a total of 8.43 M oz of Measured and Indicated Silver at an average Ore Grade of 612.12 g/t.

So, GPL has smaller size, higher grade resource. I think what many investors are missing is the incredible share structure at AUMN. We only have 38.7 million shares outstanding! It is very rare to have so few shares outstanding at this point in the ballgame.

Much more to discuss, but time to enjoy Thanksgiving.

Happy Thanksgiving to all!

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