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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: New
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Nov 22, 2009 06:33PM
3
Nov 22, 2009 07:07PM

Re: New

in response to by
posted on Nov 22, 2009 07:54PM

Well said Argoz and I would also add that ECU has the luxury of having several options to work with when the time comes for a feasibility study. There is no point in paying for and preparing one of these studies based on the current 43-101 data prior to an extensive exploration of the potential massive sulfide zones. A major discovery below level 19 would open up the potential for a much larger mining operation and subsequently require another feasibility study.

In the end, the big money will be made on the size of the deposit so although ECU effectively transitioned to a modest production operation to mitigate future financings, the main objective remains proving up the size of the deposit(s).

On a side note to "calculatedrisk"...many of the regulars here are somewhat suspicious of new posters (for good reason), especially since they have tried to employ the Trojan Horse tactics in the past by attempting to inject doubt while stating they are long ECU. The increased number of new posters also raises a red flag as Major D alluded to earlier. I don't think any of us here would object to the raising of legitimate concerns or questions, however the motives are not yet clear when the poster has no history to reference.

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