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agree what other miners you like?
$ AUMN. I have dealt with it for a while now and Lithium is the place to be alright. I own mostly mining type stocks now as in Gold, Silver, Copper, and Lithium. $AUMN
Glad your in Jerry this should be a good one
I have been buying on dips thinking $3 soon
$ AUMN. Gold and all precious metal stocks are doing well and I had my best year last year investing 95% in Gold, and Silver stocks and buying up a lot more this year. AUMN
$ AUMN. The starter I bought this afternoon has done started making me money and up well. Its quarterly earnings are due out February the 25th and it should start moving back North as it did well the last quarter and this one should do even better. AUMN
$ AMUN. Golden Minerals Announces First Gold Pour at Rodeo
February 01 2021 - 06:50AM
Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to report the first gold pour from its Rodeo gold project in Durango State, Mexico. The pour occurred on January 30, 2021, on schedule and roughly three weeks after the first loads of material were trucked from the Rodeo site to the Company’s Velardeña oxide plant for processing. The first pour produced approximately 150 gold equivalent ounces. Additional gold pours are planned for early February.
“This first pour represents a tremendous milestone for Golden Minerals. Not only have we brought Rodeo online amidst the many challenges presented by Covid-19, but we have brought it to production both on time and on budget. I’d like to extend my heartfelt thanks to all our employees and business partners who helped us achieve this milestone,” said Warren Rehn, President and Chief Executive Officer of Golden Minerals Company.
As previously communicated, the Company began processing at a rate of around 200 tonnes per day (“TPD”). Golden is currently installing a “regrind” ball mill at Velardeña’s oxide plant, where Rodeo’s material is processed. This mill, which is designed specifically to increase throughput at the process plant by increasing grinding capacity for the silicified material from Rodeo, will be used in sequence with the existing ball mill and will perform a secondary grind of the oversized material. Once this regrind ball mill comes online (anticipated to occur in March 2021), the throughput of Rodeo’s material is anticipated to increase to around 450 tpd.
About Golden Minerals
Golden Minerals is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its Rodeo and Velardeña properties in Mexico and, through partner-funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico, Argentina, and Nevada.
$ AUMN. I got myself a starter for the long term to sit on and I have been studying this stock for a long time and posted it to other boards earlier today as it needs some awareness more than anything. AUMN
grabbed few more
They are mining both gold and silver starting in Jan 2021 (Mexico)
* * $AUMN Video Chart 02-01-2021 * *
Link to Video - click here to watch the technical chart video
what caused the price gap on Jan 29
do they still have the same mine as in 2011?
where wass that mine
$AUMN is producing GOLD not Silver right now...
The market seems to ignore that.
Entire Silver supply bought out in 1.5 days. AUMN product will be in high demand with new vein mining began in Jan
Let's break 1.05 and clear all the churning/flipping from this morning.
The 12month $3 PT is way too low. Look at 2011 and given shortage and silver squeeze we should blow past the 2011 high of $26. IMO
President and Chief Executive Officer of Golden Minerals, Warren Rehn, notes, "The receipt of the environmental permits for our Rodeo mine puts us on schedule to begin mining in January 2021. We expect to begin delivering gold-bearing material to our Velardeña mill early in January and begin processing immediately.”
$AUMN info
Analysts’ outlook for the Golden Minerals Company stock is 3.00 for the next 12 months. Renaissance Technologies LLC recently announced the acquisition of new stake in Golden Minerals Company (AMEX:AUMN). This fresh investment now brings its stake to 1.20% valued currently at $0.76 million. In addition, Bridgeway Capital Management, Inc. raised its holdings by 0.54 million to 0.54 million shares. Insiders at the company have transacted a total of 6 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 6 of these insider trades were purchases, accounting for 132,998 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
Very Bullish for silver
Silver Mar 21 (SI=F)
COMEX - COMEX Delayed Price. Currency in USD
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27.64+1.71 (+6.61%)
As of 9:20AM EST. Market open.
And now AUMN hit a high yeilding vein. That will help our bottom line in a big way.
The Company has regained compliance by meeting the requirements of the $50 million market capitalization exemption in Section 1003(a) of the Company Guide from the stockholders’ equity requirement.
NEWS
Golden Minerals Company Begins Gold Production
6:50 am ET January 13, 2021 (Globe Newswire) Print
Golden Minerals Company (NYSE American and TSX: AUMN) ("Golden Minerals", "Golden" or "the Company") is pleased to announce it has begun gold production at its Rodeo gold project located in Durango State, Mexico, roughly two weeks ahead of schedule and on budget.
They just began mining this week and will have a pour in Jan that will sufice the NYSE as to AUMN's compliance. Mean whil there are gaps in SP which should casue a pause and offer a major buying op. jmo
NEWS OUT
Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) today announced it has begun mining activities at its Rodeo gold project located in Durango State, Mexico.
Blasting at the open-pit gold operation began last week.
Initial blastholes were drilled on the 1460 bench in an area that includes outcropping mill-grade gold mineralization and thin overburden material.
48 holes were drilled and blasted in the first pattern.
During the next few weeks, the Company will continue to develop the current and adjacent benches.
The benches are designed to be five meters each in height.
The Company anticipates being able to transport the first loads of material to its Velardeña oxide mill (located around 60 miles from Rodeo) for processing in January 2021 assuming the current pace of work continues.
Processing at the Velardeña oxide mill is expected to begin as soon as sufficient material containing greater than 3.0 grams per tonne gold has been hauled to the mill site to allow for continuous operation.
Initial processing will be at a rate of about 200 tonnes per day (“tpd”) through the currently operational 10.5’ by 13’ ball mill.
As previously communicated, the Company is also installing an additional 8’ by 22’ ball mill at Velardeña that is specifically designed to increase throughput at the process plant by increasing grinding capacity for the silicified material from Rodeo.
It will serve as a regrind ball mill and operate in series after the primary ball mill.
The Company anticipates the new mill will be installed and ready to run near the end of the first quarter, which should increase daily mill throughput to about 450 tpd.
The cost of the second ball mill was anticipated and included in the start-up capital estimate of $1.5 million that has been previously communicated.
The Company expects a first pour of doré from Rodeo toward the end of January 2021.
Golden Minerals President and Chief Executive Officer, Warren Rehn, commented today on the progress at Rodeo,
“Thanks to the efficiency of our team in Mexico and the experienced and capable contract mining group, we have started mining at Rodeo about two weeks ahead of schedule.
The installation of the second ball mill at our processing plant is also ahead of schedule.
We expect to fulfill our plan to be producing gold and silver doré bars for sale in January 2021.“
Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced that on November 1, 2019, NYSE Regulation accepted the Company’s plan to regain compliance with the NYSE American continued listing standards relating to stockholders’ equity. NYSE Regulation has granted a plan period through February 19, 2021.
The listing of the Company’s common stock will continue pursuant to an extension during the plan period, during which time the Company will be subject to periodic review to determine whether it is making progress consistent with the accepted plan. Failure to make progress consistent with the plan or to regain compliance with the continued listing standards by February 19, 2021 could result in the Company’s shares of common stock being delisted from the NYSE American
They need to bring it above 1$ before end of february 2021
thanks I'v seen reports on that AK mine now that you mention it.
AUMN has been on fire. I just hope it pulls back to fill that gap. I'm about out of $$'s but holding out t get more.
IMO early in 2021 I think major markets are going to get hit hard. I'v been lucky in the EV sector and plan to more those funds into PM's which should take off early 2021 jmo
NAK is Northern Dynasty, the largest untapped gold/copper deposit in the world that has gotten road block from permitting for 28 years now. The mines location is in a hot spot threatening Alaska's Salmon industry. A few AUMN players were in that one and they just got shot down from developing that mine, AGAIN. It ran from pennies to $2.58 when they received the federal permit nod but the powers to be did not approve it to be built, now its trading in the .30's.
AUMN mining in Mexico didnt incur any of those regulatory issues so by the end of next month they'll be banking Benjamins whereas NAK will still be floundering awaiting an appealed decision from authorities.
what is a NAK there is a gap at .58 I can't find any reason for it so if gap theory si correct we should gte
a buying op with a pull back to fill that That could be the last one for some time.
Nice day here as we get closer and closer to January
AUMN has pay dirt coming to market which is STILL a NAK fantasy, fantasies dont print Benjamins. The Pebble reserves are being held in Reserve for future use probably past our lifetime. Dead money there.
Funny to find you here...lol I got out of NAK with a small gain. Now here, not many comments.
Seems like AUMN is range bound until next year when the new news comes out.
who is Jim Simons no info on wicapedia
Jim Simons 1,104,800 shares of $AUMN
https://www.gurufocus.com/stock/AUMN/ownership
https://en.wikipedia.org/wiki/Jim_Simons_(mathematician)
Mine life at 450 tpd is estimated to be approximately 2.5 years or 10 quarters
President and Chief Executive Officer of Golden Minerals, Warren Rehn, notes, "The receipt of the environmental permits for our Rodeo mine puts us on schedule to begin mining in January 2021. We expect to begin delivering gold-bearing material to our Velardeña mill early in January and begin processing immediately.”
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