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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: Stephen Leeb: Expect $5 Gas, $60 Silver & $3,000 Gold in 2012

So, with $3000 gold and $60 silver, in a non suppressed market (yeah, right), I figure AUMN's share price could be somewhere between $79 and $110.

Playing some mind games, what if.. Used 2 methods to figure this:

1) inground value at 10% of market price of $60, 500MM oz resources estimate, 37.9MM shares. Share price = $6 x 500MM/37.9MM = $79

and/or

2) ore concentration 0.1oz/ton Au, 10 oz/ton Ag, gold at $3000, silver at $60, 75% recovery at 800 ton/day, and $100/ton mining cost, P/E ratio 25.

One can dream, can't one?

A happy, safe and prosperous New Year to everyone one the board.

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