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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: Open letter to ECU management.

Open letter to ECU management.

posted on May 11, 2009 11:59AM

Just a suggestion that once thirty days of bar production is completed that you put out a news release as to how many bars were produced. This way shareholders like myself can estimate for the remainder of the year what the production potential could be. This will also give encouragement to potential investors to take another serious look at the company much in the way that announcement of return to production did.

As a secondary suggestion, do not sell the bars unless you really need to for operating cash. If you believe as me that the metal prices are more likely to go up than down holding on to the metal is more prudent. Just a note in the news release that you are withholding some of the production from sale due to expected higher prices later, would be sufficient.

Thank you for a splendid job.

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