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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

Post by GoldInsect777on Mar 28, 2023 10:33am
295 Views
Post# 35364478

What can they do without selling Yoquivo or El Quevar?

What can they do without selling Yoquivo or El Quevar?Assuming their number 1 priority is to get the Velardena mine up and running as soon as possible and that they are trying to keep dilution to a minimum, what other properties do they have that they've actually explored that another company will even want to buy? 

They stated in their Q3-Q4 2022 update that Velardena needed additional drilling done to replace an unsuitable vein - then why are the only drill results we've seen recently been for Yoquivo? Sounds to me like they are trying to juice up the resource estimate for Yoquivo to make it more attractive to a buyer. That would seem like a big value loss to anyone who invested in this company for the silver exploration potential. 
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