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Bullboard - Stock Discussion Forum Golden Minerals Ord Shs AUMN


Primary Symbol: T.AUMN

Golden Minerals Company is a precious metals mining exploration company. The Company is primarily focused on advancing its Yoquivo property in Mexico and, through partner-funded exploration, advancing its El Quevar silver property in Argentina. It is also focused on acquiring and advancing selected mining properties in Mexico, Nevada and Argentina. The Yoquivo Project is located 210 km west... see more

TSX:AUMN - Post Discussion

Golden Minerals Ord Shs > What can they do without selling Yoquivo or El Quevar?
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Post by GoldInsect777 on Mar 28, 2023 10:33am

What can they do without selling Yoquivo or El Quevar?

Assuming their number 1 priority is to get the Velardena mine up and running as soon as possible and that they are trying to keep dilution to a minimum, what other properties do they have that they've actually explored that another company will even want to buy? 

They stated in their Q3-Q4 2022 update that Velardena needed additional drilling done to replace an unsuitable vein - then why are the only drill results we've seen recently been for Yoquivo? Sounds to me like they are trying to juice up the resource estimate for Yoquivo to make it more attractive to a buyer. That would seem like a big value loss to anyone who invested in this company for the silver exploration potential.
Comment by checkmate28 on Mar 30, 2023 11:28am
GoldInsect777  I share your concerns.   Couple other possibilities. They got back the Santa Maria Project last month. Possibly they can sell or re-option that. There is a year and half lower grade ore on surface at Rodeo that will become  profitable at higher gold prices.  I was thinking that Yoquivo was looking promising, concidering the new maiden resource plus ...more  
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