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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: ECU may be ready to make a big move!

Without question ECU should focus on matters over which they have some control and make sure they've done everything they can to add shareholder value. The deep drilling will be positive with good results but there are some other items that are long overdue. The resource report needs updating but it appears from the letter to shareholders we won't see one until Q1 2012. The attention to the scoping study described in the letter is welcome and could have the biggest near term impact on share value. After all, ECU is significantly undervalued based on the silver they have already found so the addition of deep resources may not have a large effect. So far I haven't found any project economics yet during my due diligence search. Once we get the NPV, IRR , operating costs etc. from the study then any questions or doubts about veins too thin, dilution too high and so on will disappear. Until the scoping study is done doubters will argue what good will it be to add deep resources until the shallow ones are clearly demonstrated to be economic. These are the only gaps I could find that might explain the low valuation. The upside potential is undeniably huge.GLTA.

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