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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 Sales

Those numbers are per year. At today's prices, 12 million ounces silver equivalent is $414 million in sales per year. I like the addition of a circuit producing a copper concentrate with gold and silver which then results in a further improvement of 10% to the recoveries of gold and silver in the oxide mill. The 10% improvement alone will increase gold at least 100 ounces per month and silver 5,000 ounces per month. This is an extra $950,000 per quarter or $3.8 million a year.

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