Re: This SUCKS!....for now - tidbits
in response to
by
posted on
Jan 27, 2009 12:59PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
From the ECU home page
"ECU has two milling operations at VelardeƱa: a wholly owned flotation mill in the Village of VelardeƱa, where since June 2004, it has been producing lead and zinc concentrates; and a second mill acquired in November 2006, located less then 100 metres from the Company's on-site lab, enabling ECU the full use of the acquired mill without having to displace it from the current location."
Now, in the press release "a 500-tonne-per-day gold and silver recovery plant located adjacent to ECU's properties near the town of Velardena".
This now allows ECU the full revenue stream, from the lead and zinc concentrates, and now the gold and silver ore, providing revenue streams to finance drilling programs to move the Mineral Potential (569,524,000 to 930,400,000 ounces of silver equivalent) to the Measure and Indicated column.
Then, when silver is $40 per ounce, our time will come.