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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: Silver lining

Silver lining

posted on Nov 23, 2009 06:11PM

OK so it's the time of month we always dread, and yet the silver price barely drops despite the pressure. We thought we might have a nice big day with ECU, but then really why did we really expect it... the odd board postings/posters recently and the recent moves in the metal prices?

Right now we're all anxious and watching as the scenarios we always envisioned are suddenly unraveling and we're not seeing the kick in share price we expect. It is simply a waiting game. Think about it, if the stock price shot up today to 1.20... would you sell? Probably if you're on this board the answer is no. So it's a mental game and we have to stay focused on the long term strategy and not get bummed by day to day disappointments. Our time is coming, but I don't think it will be on the back of metal prices alone, we need some key announcements which we all know will come in time.

As always it's a game of patience. I too tire of waiting, but our strength resides in facts, figures and stock holder resolve. Here's hoping we see a few 'silver shoots' in the next few days, I have the strong inkling we will.

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