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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: Canadian Juniors

Canadian Juniors

posted on Apr 02, 2008 02:14AM

Last years financials are being reported from $600 gold and $12.00 silver prices, so we need to fast forward to get a realistic feel for current potential.

Also I've noticed that Canadian juniors have generally been releasing losses based on foreign exchange..ie with a strong cad and overseas operating costs either in or pegged to a falling USD, operating costs are being perceived as rising. So on that basis are we to assume that a rising USD (and the peso is pegged to the USD) is actually a bonus for the Canadian junior stocks?, reducing foreign exchange losses. I'm noting that the juniors are mostly in Canada, while PAAS for instance is reporting in USD.

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