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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: ECU valuation - Lawnbowler - gwr1 (2)

May 24, 2009 06:10AM
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May 24, 2009 07:26AM

If the current value is .50 and we think is should be 2.50, then the share price should be 4 times higher.



2.50- .50 / .50 =4

.79 X4 = 3.16



That is without any new discoveries, the price of silver going up, the market place placing a higher base price of silver in the ground or froth in the share price.

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