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: Good comparison ??

Good comparison ??

posted on May 06, 2009 03:59PM
  • Orko Silver Corp. (TSX.V:OK) - has been steadily increasing its silver deposit in Mexico and has drilled up a resource of more than 200 million ounces of silver and it keeps growing. Their recent agreement with Pan American takes away many of the funding risks that a company that is not in production has. And Coeur d’Alene Mines (NYSE:CDE) recently completed the purchase of Palmerejo for US$1.1 billion and paid $4.45 per ounce of silver (Ag-Eq oz). We believe a share price four times higher than the present will become reality one day.

Given the 4.45 benchmark for in ground silver; here are some numbers to think over given a number of variables. It shows the potential of our investment.



A

If ECU has 390 million silver equivalent ounces (1)

390 X 4.45 = 1,735,500,000

1,735,500,000/ 340,000,000 (2) = 5.10 per share



B



If ECU has 40 million silver equivalent ounces (3)

40 X 4.45 = 178,000,000

178,000,000/340,000,000 (2) = .52 per share

C1



If ECU has 748 million silver equivalent ounces (4)

748 X 4.45 = 3,328,000,000

3,328,000,000/340,000,000 (2) = 9.79 per share



C2

If ECU has 1,252 million silver equivalent ounces (5)

1,252 X 4.45 = 5,571,400,000

5,571,400,000/340,000,000 (2) = 16.39 per share







(1) Page four Micon NI 43-101 TECHNICAL REPORT

Measured & Indicated & Inferred -Gold,Silver,Zinc,Lead

(2) Full diluted shares



(3) Page four Micon NI 43-101 TECHNICAL REPORT

Measured & Indicated -Gold,Silver,Zinc,Lead



(4) Page five Micon NI 43-101 TECHNICAL REPORT

Mineral Potential Minimum -Gold,Silver,Lead, Zinc



(5) Page five Micon NI 43-101 TECHNICAL REPORT

Mineral Potential Maximum -Gold,Silver,Zinc,Lead

Share
New Message
Please login to post a reply