Welcome To The Golden Minerals HUB On AGORACOM

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

Free
Message: been buying some ECU, like Blackmont

been buying some ECU, like Blackmont

posted on Sep 04, 2008 01:32PM

Couldn't resist buying stock today, as ECU is cheap given the continued excellent exploration advances this year on gold rich deep holes in search of massive sulphide feeder system, narrow vein structures at Chicago and Teneras, San Diego veins and potential bulk ore, and Santa Juana Mineralized Corridor bulk mining ores. None of these results are in the resource numbers yet so the future 43-101 should be very good. I actually bought some more stock last Friday as well. I just continue to pick away at what I see as a bargain like the big Blackmont buyer that has been buying for weeks at a 1.67 average, even though I own more than I ever have.

Blackmont buyer has bought almost 4 million shares this summer at what they must view as a traditional seasonal low period providing the best accumulation pricing opportunity. This is a significant amount of money spent accumulating ECU and anyone making this kind of committment of real money is well worth emulating in my view as they would have done some serious due diligence. It's always worth paying attention to the actions of an entity that has capital as opposed to listening to some who have little capital, own no ECU at all or trade for nickels and dimes when the opportunities are dollars.



Share
New Message
Please login to post a reply