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Bullboard - Stock Discussion Forum Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s):  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 > Begins mining operations at the Velardena silver-gold...
View:
Post by sdhaka on Jan 30, 2024 3:38pm

Begins mining operations at the Velardena silver-gold...

Golden Minerals Company/ NYSE: AUMN
 
PR Title 
 
Begins mining operations at the Velardena silver-gold project in Mexico
 
FRC Opinion
 
Positive – AUMN is aiming to achieve a production rate of 150 tonnes per day (tpd) by March, and reach its full production rate of 325 tpd by Q2. A recently completed PEA had returned an AT-NPV8% of US$88M, using US$1,826/oz gold, and US$23/oz silver. AUMN is trading at just 4% of the AT-NPV8%.
 
Comment by StocksLynx on Jan 31, 2024 8:16am
Any idea why Golden Minerals fetches such a steep discount? Is it just because old investors from before October 2023 always got fleeced from "management"? My hope is that new investors will replace the CEO as soon as possible or make him comply with shareholder interests.
Comment by digital130 on Feb 29, 2024 4:33pm
I think the $9 stock price to less then a dollar and the complaince issues they had were the writing on the wall.   Too many companies on stock market.  Not enough watchers.   Take care