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ECU Silver/Golden Minerals merger deal analyzed: Best of the Boards/Blogs

Stockhouse Editorial
0 Comments| June 24, 2011

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Top Bullboards post:

“From conference call: (I'm actually starting to like this merger based on the following points):

  • Sentient Group supports merge and wants to increase their investment in new company
  • 20 shares of ECU will be exchanged for 1 share of AUM
  • New Company share structure: 34M shares on a fully diluted basis
  • New Company: 212M ounces of silver; half billion silver equivalent
  • New Company: net cash position of $90M
  • Likely build new mill at Velarderia
  • Historic area for mining
  • Only 50 percent explored
  • Excellent infrastructure: power, four land highway,
  • El Quevar: Because of surprise veins they encountered, they may be able to combine bulk mining/ underground…too early to tell but it’s a possibility.” From RoyalBlue on the Golden Minerals Company (TSX: T.AUM, Stock Forum) board.

Top Bullboard:

Intertainment Media (TSX: V.INT, Stock Forum) collected the most posts and reads.

Top blog:

littleguy123 posted a provocative piece on how the bankers are attacking all commodities in the Outside the Market blog.



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