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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: OT - Newbies and disheartened.

OT - Newbies and disheartened.

posted on Feb 08, 2008 08:13PM

This is a repost of my post at I.V. that I titled "Smell the coffee."

 

I was just looking over some data of a silver and copper exploration company. It has a very small cap being in the 30 cent range per share and about 30 million shares. I visited its discussion forum - Most of the posts were enthusiastic about the potential for the company.

Not a basher in sight from what I could tell. - Not worth their while.

I did some rudimentry calculations from the company's initial drill results and was basicly disappointed by comparison to ECU because this company's resource was of veins in the range of $40 to 60 per ton. Note that some of our resource's cut-off is $45.

I was tempted to go on that forum and point that out but thought the better of it. They do not know me, my comming out of the blue and supposedly pumping another stock on their board - Well that is like poking a stick into a hornet's nest. When I was young I have done that once, only once.

In this market malaise, what hope do the investors in that company have? How is it that they do not know ECU? I mean, if they are investing in that company they should be falling over each other for ECU's shares.

The other point of this tale is that I on occasion read disheartened posts from ECU investors. My message is, get over it, you are in a stock that is a premier of this segment.

It will move eventually, if you are in for a short term gain then get out and invest in that rainbow.

Bashers are working on you for a reason - think about it.

 

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