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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: Conference Call - Myer
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Jan 30, 2008 06:18AM

Jan 30, 2008 07:43AM
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Jan 30, 2008 08:03AM

Jan 30, 2008 09:31AM

Jan 30, 2008 11:53AM
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Jan 30, 2008 11:59AM
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Jan 30, 2008 12:16PM
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Jan 30, 2008 03:50PM
I think you are looking at it from a fairly short term perspective, that is your choice.
I will short term trade up to 20% of some of my stocks. I did buy a few additional shares recently at well below two bucks ( am thankful to the Nay sayers for some things ) with the intent to sell after the report came out. I did not sell them primarily because the share price did not rise enough to be worth my while and secondary reason was the 'Potential' resource in the report. I thought that if something of that nature was going to be stated in the report it would be in the range of 200 million oz. additional. The quantity surprised me and therefore I decided to hold instead.
If you have a short term alternative, well I can not hold it against you, go for it.

The company has enough cash for near term drilling and perhaps an update to the report.
So I do not understand your 'dillution' fear. Eventually they will have to do a private placement and do have a substantial amount of shares outstanding but that is not high in relation to the proven resource and hardly worth of a mention in the face of the potential.
This company is no longer an ordinary small cap. It will soon have half a billion ounces of silver so even if the amount of shares ends up to be 300 million, so what. It is a reasonable proportion. Perhaps as we return to releasing drill results the share price may rise and thus aleviate the additional number of shares that will have to be issued. But these are perhaps, could be, might be and should be. We can not risk our future on these.

Of course I hoped that the report once released would pop the share price. That is probably why the report was delayed but they can not admit to that. With the market not turning around in time the report had to be released in these conditions. Are you going to blame me for having hoped? These kinds of events can not be foreseen.

What we suffer now is not from any deficiency in the company but from the general market malaise and lack of publicity. I say publicity partly from the perspective of even some of the current shareholders inability to understand and judge logically what we have and are likely to demonstrate.
Any ways I stand pat. Jmho.

Jan 30, 2008 06:10PM
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Jan 30, 2008 06:19PM
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