Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s): AUMN

Metals & Mining Industrial Metals & Minerals

Golden Minerals Company is a precious metals mining exploration company. The Company holds a 100% interest in the Rodeo property in Durango State, Mexico (the Rodeo Property), a 100% interest in the Velardena oxide processing plant and related water wells in the state of Durango, Mexico (the Velardena Properties) which are subject to a purchase agreement with a private Mexican entity, and a diversified portfolio of precious metals and other mineral exploration properties located primarily in or near historical precious metals producing regions of Mexico, Argentina and Nevada. The Velardena Properties, and the Yoquivo exploration property in Mexico, are the Company’s only material properties. The Yoquivo Project is located 210 km west-southwest of the city of Chihuahua, in Ocampo Municipality, Chihuahua State. The Yoquivo Project consists of approximately seven mining concessions with an area totaling about 1,975 hectares (Ha).

TSX:AUMN - Post by User

Golden Minerals Ord Shs

Bullboard Posts

Comment by metylman2000on Jun 08, 2011 5:13pm

237 Views

Post# 18689748

RE: RE: Drills now turning in Peru

Humala's election win will most likely dampen most companies commitment to major investment in Peru until the new Peruvian president proves that he's not a Chavez clone.....
Chavin may be a potentially good property, but politics can make the best property worthless (i.e., Crystallex's Las Christinas mine)...
Hopefully, Humala is not a self-destructive dictator like Chavez, and Chavin can get drilled successfully....
but the real deal is, and has been for a long time, Quevar...
hopefully, we recieve positive resource upgrades and PEA within the next few months...
once analysts can build a model, a true target price can be developed for AUM..

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