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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
Post by Silverichmanon Jan 10, 2019 7:24am
247 Views
Post# 29210830

Perfect start of the year!

Perfect start of the year!
The price is slowly starting to rise, but the stock itself is still nearly completely unknown to stock-groups.
 
I was in ECU that was bought up by AUMN. By that time, AUMN was at 27$ (USD) and silver was near 50$. Once Silver reaches that level again, AUMN will be back at the old highs. At the highs, the company was worth well over a billion $. Now it is worth 30 Millions at 34cents (US). 
 
There is so much room to the upside once silver breaks out. 
 
Golden Minerals has been in a perfect position since closing the mine temporarily: They didn't sell any ounces at stupid-low silver prices and so conserved all resources. In the meantime, they were able to lease out the processing equipment...
 
Once silver starts a second "2011" to 50$ or more, we will see a huge PPS increase.
Bullboard Posts