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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: Metals markets....ECU update

Re: Metals markets....ECU update

posted on Jan 28, 2009 07:37AM

"and hopefully hold the mid $.60s before firming up in the last hour into the $.70s."

As long as the share/warrant units are available, without commission, at $0.70, the shares will trade at less than $0.70. With the shares trading steadily now at around $0.65, it looks like the market is valuing the warrants at $0.05. Once the offering is sold out, I would expect the price to snap back up a little bit, hopefully to the pre-offer price.

Over the last few months pretty well all new issues have been sold out within a few hours. So I'm surprised the share/warrant units are still available this morning.

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Jan 28, 2009 07:57AM
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