Re: Hello...where are you numbers crunching posters?

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.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

lawnbowler

Rank: President [?]

Points: 6156 [?]

Votes: 92 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Hello...where are you numbers crunching posters?

posted on May 17, 2010 12:08PM

Please put this morning's announcement into numerical perspective.

Hopefully Argoz will do his thing.

The difficulty is taking these assay results and assuming that that is what you are going to send to the mill at a rate of 550 t/day or so.

If that were the case, then the results would be something. At $1200 Au, $18 Au, 550 t/day, that works out to a value of $963 /t, or $530,000/day and $15.89 million /month.