Agoracom: Small Cap Investment - Golden Minerals Company

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.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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Autlan

99921

Aug 02, 2019 06:50PM

Silverbull50

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Re: Autlan

in response to

Autlan

99921

posted on Aug 03, 2019 04:47PM

You bring up a good point, and I suspect that Autlan is taking a middle to long term view that silver will continue to climb much higher. You never get a straight answer from AUMN, but I suspect that silver is moderately profitable at $20/oz. at Torreon, Mx.

With silver at $16+, it won't take much increase to make this turn-key operation profitable for years to come. I'm sure AUMN desperately sold the operation cheap, right before the start of a major bull market for gold/silver. Afterall, they have high salaries to pay (sic).

All I can say is that they had better prove that shifting capital ($22MM) from ECU/Torreon to El Quevar/ Argentina provides a signifcant reward to shareholders. Mgmt. has proven nothing since the 2011 merger and this is their final chance.

Disclosure: I am a signifcant shareholder who has added to his position since the ill-timed offering last week. The stock is cheap as precious metals are climbing.