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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 Silver -First Month of Dore Generation

I hope my comments are not interpreted as obnoxious or directed at anyone on this forum. I am fed up with the commentary from 'analysts' that couldnt find two socks that match, yet get far too much attention for pumping their own picks and bashing anything else they do not own. The whole idea of ECU value based only on production revenue is flawed. Why the hell are there juniors trading today with hundreds of millions of dollars in market cap that have never produced an ounce of silver? Its about resource leverage, and the economic value of ounces in the ground that can support a large operation which eventually WILL amount to high earnings potential. There are quite a number of small producers with attractive operating results on a per-share basis, and bully for them. Buy 'em if thats all you want. But I can count the number of large undeveloped deposits in the world on two hands and make change. THAT is what makes ECU special. I am as frustrated as anyone about the poor share performance for this company but I have not lost sight of the total resource numbers and trust that as the metals climb in value, the attractiveness of Velardena as a development candidate will run off the charts.

cheers!

mike

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