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: Latest from the SH board....It so easy over there...

Latest from the SH board....It so easy over there...

posted on Sep 25, 2009 03:20PM

Once again you just make stuff up or can't understand what you read.

You posted

may very well have declining revenues

So where did you get that from?? If you read the last press release (I know you can read..you try and refute my posts...) They were not in operation for the full month because of the setups to test different methods. This is about to change as they stated in their release. Provided below.

"In August, the Company started the last round of full scale operationaltesting at the oxide mill. These tests were designed to enhance goldand silver at the oxide mill."

Oh and I guess you didn't comprehend the part about adding 400 tons of capacity per day to the mill. Also provided below.

"a new circuit was designed and will be added to the oxide mill topermit the daily processing of 400 tonnes of pyrite/gold tailings, inaddition to the 500 tonnes of mineralized material the oxide mill iscurrently processing.
"

Why it would still be "practising" and testing shows more about the iffy quality of its ore than anything positive..

Now you are just grasping at straws...I love it when bashes like you run out of real arguments.

"The recoveries for the gold contained in the blend were approximately55%, which is superior to the 50% that is achieved when milling thetailings through the sulphide mill"


Lets see a 5% increase in recoveries on 2,740 ounces of gold adds an additional $130,000 US to the bottom line and that is just since we started limited production in May. Or four months. So on a yearly basis, an increase of a half a million dollars US. Oh and that amount will increase when we are running at full capacity.

So you see the fine tuning and testing is going to be wildly profitable for the company.

300,000,000 shares

Yep we have 285,760,633 shares outstanding.....everyone knows that....so. It just is. No one can do anything about it. It does seem to be your number one gripe with the company..and the only one that you reaper endlessly. So I tell you what. I concede the point.

We never have to talk about it again....you win that point....but so far, it's the only point you have even come close on.

How about the crucial decision to switch from expl. to production... adecision that it still hasn't got a handle on as evidenced by testing,testing, testing?

I like your choice of words. "Crucial" I agree totally. If we hadn't made the decision to buy the mill and generate our own income...or to be fair to you at least cover our expenses; we would be in much worse shape.

Buy It does show why your advise is shunned on this and other boards. You are seeing the greatest advancement the company has ever made and calling it a negative. Wow.

Or, the decision to use GOG stockpiles and create more confusion foritself?


I agree that was a bad move. So I give you another point. But i have posted on the other board the two things we need to do to get the stock moving are:

1) Get the GOG situation behind us
2) Announce and execute a drill program.


The decision to give exec. options only to withdrawthem almost immediately ( announcing both decisions within a blink).

The options are due to the executives as per the items that were passed at the annual meeting. So what you want us to not pay what we agreed to? I think that they realised that the timing was bad and delayed the granting of the options....

So there we go. You made a two points....

we have 285,760,633 shares

and

ECU shouldn't have used the ore from GOG.


See if you just talk about all of these things running around in your head instead of shouting at your computer....

everyone will have a much better idea of how under valued ECU is.

Hey, Thanks and have a good weekend.

Share
New Message
Please login to post a reply