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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

Post by Bigoil2113on Jul 21, 2022 8:13am
341 Views
Post# 34839730

Will velerdenia be worth bro going on

Will velerdenia be worth bro going onAt these gold prices. Everywhere I read gold going down to 1100$. I do not see any way that bringing a gold mine into production in this environment will make any sense. It will cost more to mine it then what the value of gold of worth. I think this mine will be put on hold for a coiled years now.
im already lossing money on this puppy. The bigger issue is that the in the Canadian market there is zero volume. I can't even get my money out if I wanted to. Not good 
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