RE:RE:RE:RE:Golden Minerals capital raise
A 1 million ounce shallow deposit these days is a very nice discovery if in fact it is that big. It could come in smaller, or even bigger depending results from future drilling on Desierto 1 & 2. The cost to mine it should be very favorable and by the time they would even get to mining it gold could be well over 1900 and ounce as well. If they could get their AISC in around 1K an ounce it should be a very profitable mine. A lot of if's that is for sure. I'm not advocating anyone buy this equity at all but just trying to give some balance here based on information as it comes out, instead of whining about the past repeatably.
Same with Golden Minerals, but we are tied to the hip with them on this discovery so good news for them is good news for CCD to a large degree. And if Warren Rehn truly believes what he said about Sarita Este then I would suspect he will find the needed cash to move forward with drilling to find out what they have there. Just have to be patient here the rest of the year.