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.

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Message: Just some $ scribbles.

cash position in 2011, $85 million.
-Pay off a debt of $15 million ahead of schedule.
-Operating expenses about $10 million/year?
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Remains $60 million.

+In 2012 Velardena projected production of:
800,000 ounces of silver (@$30/oz.) = $24 million
and 16,000 ounces of gold (@$1500/oz.) = $24 million.
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Net $108 million
or $23 million above of 2011 cash hold to pay for expansion of the mill etc.

There is more to this story but... Not bad eh? ;-) Cheers.

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