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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: Re: Blood in the streets...
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Oct 14, 2014 11:58PM
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Oct 16, 2014 06:06PM
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Oct 16, 2014 08:11PM
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Oct 17, 2014 02:02AM
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Oct 17, 2014 12:40PM
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Oct 17, 2014 03:08PM

I lost ~$40 K in Golden Minerals...at the time I bought in (~$10) I naively figured that it if it had a good possibility of becoming a 10-bagger (per report** by a supposedly reputable investment bank (Dahlman and Rose which has since been acquired by Cowen Group) , then it had a reasonably good chance to become a 5-bagger, and was a shoe-in to become at least a 2-bagger under the worst-case/most pessimistic scenario .

I have since realized from following this and many other Junior Mining Exploration stories, that the more "outrageous" the initial forecasts, the more likely that the SP would/will perform to the downside as an inverse function (ie. the potential 10-bagger has had a 90% SP decline, the easy-double has seen it's SP halved) .

https://www.scribd.com/doc/38536240/DRCO-AUMN-CoNote-2010-10-01 **

I am more interested in the stories which forecast a more reasonable SP double or triple over the next 24 to 36 month period.

Cheers,
Luker

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Oct 17, 2014 06:45PM
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