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Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s):  AUMN

Golden Minerals Company is a precious metals mining exploration company based in Golden, Colorado. The Company holds silver-gold projects located in Mexico, Nevada and Argentina. The Company’s projects include Sarita Este, Sand Canyon, and Rodeo Property. Sarita Este is a gold-silver-copper exploration project located in northwest Salta Province, Argentina, near First Quantum’s Taca Taca project. Sarita Este sits at elevations between 3,550-3,750 meters above sea level. It holds an option to acquire 51% of the Sarita Este concession from Cascadero Minerals Corporation. Sand Canyon is an exploration-stage, gold-silver project located in proximity to the historic Sleeper Mine in northwestern Nevada. It consists of about 526 claims totaling approximately 16 square miles. Rodeo is located two kilometers (km) east of the town of Rodeo in Durango State, Mexico. It owns the Rodeo and Rodeo 2 claims covering 1,866 hectares of land.


TSX:AUMN - Post by User

Bullboard Posts
Comment by chalkmarkson Sep 12, 2009 9:43am
245 Views
Post# 16300138

RE: Insider Buying

RE: Insider BuyingLet's see - the insiders are filling their boots, there's cash in the till, there's<i>quality</i> properties galore, there's cash flow from contracts to keep the mining expertise inhouse pending future operations, there's a pending 43-101 report on their Argentina silver property.....<p>SO...I guess a guy should go buy some TV-flogged 100,000,000 share galumpus from which the insiders and bankers are leaping - NOT! Do some DD, lurkers, and check this one out. Remember, predecessor Apex was a great company, but the hedging program demanded by their bankers blew them up when prices rose sharply.<p>There was a surprising amount of trading today both here and in GDMN. If the metals open strongly Monday, I'd expect Golden to continue to climb. Personally, I cannot find a more undervalued stock so am double-weighted in my portfolio.<p>What a shameless tout, eh?
Bullboard Posts