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Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s):  AUMN

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

Bullboard Posts
Comment by gildageon Apr 26, 2016 2:50pm
178 Views
Post# 24811627

RE:RE:RE:RE:Short Covering makes it go up Rats!

RE:RE:RE:RE:Short Covering makes it go up Rats!Buy LOW, sell HIGH rats...it's not rocket science. U were right to sell (short if U like) at $30...Let's call that HIGH. 

$1.00 however, is not so high...comparatively...That's 1/30th of HIGH...a mere 3.3%!....That's called LOW...

Same amount of resource in the ground...pretty much...1/2 San Diego is gone, true...but 1/30th is a lot, lot, lot, less than it was selling for 5 years ago!  It's down 96.6%...seems like a deal to me.

When we get back to $30, (3000%) we'll sell.
jmho
Bullboard Posts