""Golden Minerals has no debt and no hedging on its books. With the care and maintenance program of the Velardeña Operations in place, the Company anticipates a balance of approximately $16 million cash and equivalents as of December 31, 2013.""
Many mines are shutting down and going into care and maintenance. I understand fully why so many people have been dumping this companies shares.
Now, Levi & Korsinsky, LLP is investigating Golden Minerals Company in connection with possible claims of breaches of fiduciary duty.
Golden Minerals just seems to be whithering away,, like its recent LOW low stock prices.
Will the company become worthless before year end?,,,, seems to be heading in that direction as we are bouncing on the new bottom.
Is there any good news coming out from this company?
Can anyone share something positive or any Golden news here, please.
(Even a good joke might cheer me up, LOL)
