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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: Gold and silver close to new March lows...AIG diversion...ECU mired

Re: Gold and silver close to new March lows...AIG diversion...ECU mired

posted on Mar 18, 2009 07:03AM

pic, I think the majority of the damage has been done. The crappy financing was a victory for those that have abused the stock. However, the company is financed and unless they can't get the mill up and running, they should be able to defend themselves, as the achilles of the juniors is the need for $$$. You are correct though, ECU is way underperforming the sector at this point. So we are either a beachball being pushed underwater that will shoot to the surface or we'll pop. I'm betting on the former. Unless there is something fundamentally wrong, that we don't know about, and there is no question we would be the last to know if that was the case, than we should rebound. Time will tell.

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