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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: ECU Silver Reports on Gold and Silver for the Month of October

Re: ECU Silver Reports on Gold and Silver for the Month of October

posted on Nov 19, 2009 10:16AM

When the present production plan setup is running 24/7, which should be soon, gold will generate more revenue than silver and this is becuase the oxide ores contain higher gold values. But if/when the companies pursues the next major expansion plan it will be a much larger sulphide mill and this will move the numbers back toward probably 35% gold, 40% silver and 25% base metals over the long term.

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