Re: AUMN: TD immediate analysis
in response to
by
posted on
Sep 14, 2012 12:57PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Silverbull, how can one not complain on news like this? We all know that this stock has been shorted into oblivion for no reason immediately after the merger. A few months ago the company suddenly decides to change the mode of calculation of the reserves, bringing down the inferred from substantial quantities to next to nothing, then on worries on their cash position they say they will sell properties to raise cash and now this, just weeks after the share price finally starts to rise.
Do you honestly thnk this is proper management on behalf of the shareholders?