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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: Back to ECU...

Back to ECU...

posted on Mar 25, 2010 02:17PM

I think that the Feb numbers are a bit skewed because they misreported some of the Feb production in Jan and the fewer number of days of production also contributed. I have talked with IR and it is also mentioned in the PR that production is smoking since they stopped using the tailings in the oxide mill. It is my understanding that the top portion was oxidized, but now that they are deeper it isn't so and was not working well. The PR mentions a 30% increase in production since early march.

The good news is that we will recieve the March production numbers at least before they move to a quarterly report as is the norm in the industry. That should give us a very good look at what we can expect moving forward. If the numbers reflect the reported increase in production, then I would hope to hear some news of the drills starting up...something that I am eager to see. I think it is going to be like shooting fish in a barrel and can't wait to get drill results for a change.

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