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Why ? Tommorrow end of public offering ?
Closing of the Offering is expected to occur on or about April 20, 2011 and is subject to receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange and the NYSE Amex Equities.
Following the exercise of the Common Stock Purchase Warrant, the Company has no remaining warrants outstanding.
+ 2.2M$ in the bank.....(104K X 21$)
Total destruction...Total blassst....Total massacre.....
Goldmans Sachs trading software is droping NAPALM ON US !!!!!!!
DEAD, DEAD, DEAD.......
AUMN
120M$ IN CASH + 100 M SILVER ONCE + 335g/t High grade silver = DUMPING MACHINE !!!!!
Total destruction...Total blassst....Total massacre.....
Goldmans Sachs trading software is droping NAPALM ON US !!!!!!!
DEAD, DEAD, DEAD.......
120M$ IN CASH + 100 M SILVER ONCE + 335g/t High grade silver = DUMPING MACHINE !!!!!
Under 21$, now we go in the toilet.....
Guess what ?
We go down even more......
This is pure madness.....
Norcini "silver miners are obscenely undervalued"
INTERVIEW ----->
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/4/16_KWN_Weekly_Metals_Wrap_files/KWN%20Weekly%20Metals%20Wrap%204%3A16%3A2011.mp3
Bob, how do you explain all this dump yesterday (gold and silver stock) with gold and silver firing up to new record ?
You all need to know, that the picture is very very ugly here in Europe.
Spain and Italy are expecteded to implode in the next months.
This will have an incredible effect.
Don't dump your $, Euro is ready to go in the toilet.
Gold & Silver ?
They will enter in "Mania zone" in the mean time.
Gold 2000$ and Silver 100$ ?
Very likely.
With Silver at 42.5$ (Was 9$ 24 Month ago) we can't afford not having a silver mine right now.
Historic Gold /Silver ratio was 16.
So If gold go to 1600$, 100$ is coming for Silver.
The best way to play this is AUMN
http://www.goldenminerals.com/
Interview CEO ----> http://www.webeatthestreet.com/media/archives/GoldenMinerals20100907.mp3
Why ?
-120M$ in cash
-350M$ Market cap
-Very low float (15M)
-Sprott Asset Management Top pick
-100 to 180M Silver once (High Grade 200g/t) in El-Quevar
-Control several other Silver mines in Mexico (From Apex Silver who fall in Bankrupcy when silver was sub 10$)
-Target price + 100$/Share
-----> https://dahlmanrose.bluematrix.com/sellside/EmailDocViewer?encrypt=7cc61c3a-a40b-4895-a18b-6bd1f171df7d&mime=pdf&co=Dahlmanrose&id=agraf@dahlmanrose.com&source=mail
3 DECEMBER 2010 :
SILVER 29,3$, AUMN = 28.79$
17 APRIL 2011 :
SILVER 43.05$, AUMN = 22.95$
SHOULD BE TRADING AT 43.07$ RIGHT NOW !!
IN THE MEAN TIME, AUMN ANNOUNCED MORE SILVER IN EL QUEVAR.
Shares Outstanding5: 15.25M
Float: 8.72M
Held by Insiders6: 22.93%
Held by Institutions6: 48.60%
Total Cash (mrq): 121.59M
Golden Minerals is the one I just visited in Argentina, and I think that their El Quevar project is very interesting and has a lot of potential upside.
The company's market cap is still under $400 million, and I think it has a long way to go.
It is still drilling right now, and all the labs around the world are backlogged. It's already drilled 10 holes on the Carmen prospect and has been waiting for assays for roughly two weeks now.
So, the investment thesis on Golden Minerals is this: The Yaxtché zone contains 100% of the company's resources, which is roughly 60.5 Moz. silver.
Now based on recent drilling, the geologists on site believe they have two other sub-parallel zones to Yaxtché.
One is the Carmen target and the other is Mani (500 m south of Yaxtché). They are parallel to Yaxtché, and if the geologists can prove they are sub-parallel veins to Yaxtché, the resource estimate could even triple.
Right now, the company is completing a feasibility study on El Quevar. Once that's reported, we can model the mine very easily.
We can build a financial model of the mine that will make us even more confident in the number of ounces, as well as the production and cost numbers. I see the market cap easily doubling once that happens.
TGR: How large can this Yaxtché deposit be?
AS: If the sub-parallel zones are as big as the Yaxtché, about 180 Mozs. of silver.
Even if the zones turn out to be smaller, sub-parallel zones, I think Golden Minerals'
El Quevar can easily come up with more than 100 Moz of silver.
http://seekingalpha.com/article/242797-interview-precious-metals-expert-alka-singh-talks-gold-and-silver-producers-with-growth-potential
AUMN
Well, The float is 15M Shares (Management control 23%, Institutions 48%)
So we're playing with 4.5M shares!!!
It's easy to bring it upsidedown....
The price is 21.50$ and we've 8$/share in cash.
Why they don't do a reverse split to increase liquidity ?
As previously reported in a Current Report on Form 8-K filed on January 13, 2010, on January 7, 2010 Golden Minerals
Company (the "Company") issued to MH Argentina S.A. warrants to acquire 300,000 shares of the Company's common stock
exercisable for three years at an exercise price of $15.00 per share (the "Common Stock Purchase Warrant").
Effective January 15,
2010, MH Argentina S.A. transferred the Common Stock Purchase Warrant to an affiliate, Hochschild Mining Holdings Limited.
On April 13, 2011, Hochschild Mining Holdings Limited exercised the Common Stock Purchase Warrant on a cashless
exercise basis as permitted by the Common Stock Purchase Warrant, which resulted in the issuance to Hochschild Mining Holdings
Limited of 104,889 shares of the Company's common stock on April 15, 2010.
Following the exercise of the Common Stock
Purchase Warrant, the Company has no remaining warrants outstanding.
http://services.corporate-ir.net/SEC/Document.Service?id=P3VybD1odHRwOi8vaXIuaW50Lndlc3RsYXdidXNpbmVzcy5jb20vZG9jdW1lbnQvdjEvMDAwMTEwNDY1OS0xMS0wMjA3MzIvZG9jL0dvbGRlbk1pbmVyYWxzQ29fOEtfMjAxMTA0MTgucGRmJnR5cGU9MiZmbj1Hb2xkZW5NaW5lcmFsc0NvXzhLXzIwMTEwNDE4LnBkZg==
Silver to gain $5-10 a day when mania starts
http://www.commodityonline.com/news/Silver-to-gain-$5-10-a-day-when-mania-starts-38210-2-1.html
Silver to gain $5-10 a day when mania starts
http://www.commodityonline.com/news/Silver-to-gain-$5-10-a-day-when-mania-starts-38210-2-1.html
Silver to gain $5-10 a day when mania starts
http://www.commodityonline.com/news/Silver-to-gain-$5-10-a-day-when-mania-starts-38210-2-1.html
Who the hell is selling $AUMN down here ??? This is insane.......Want to slap my face.....
SILVER 43.42$ !!!
AUMN is by far the most cheap stock in the sector and she is the one who they decide to dump 100%.
When I touch a stock, she immedialtely go down....
The best contrarian indicator on I-hub.
The market is a big slot machine organise by Goldman Sachs.
I'm sick of all this.....
Who the hell is selling $AUMN down here ??? This is insane.......Want to slap my face.....
SILVER 43.42$ !!!
AUMN is by far the most cheap stock in the sector and she is the one who they decide to dump 100%.
When I touch a stock, she immedialtely go down....
The best contrarian indicator on I-hub.
The market is a big slot machine organise by Goldman Sachs.
I'm sick of all this.....
Silver 43.40$ and we're at the low of the day.
I want to puke.....
I really don't understand this market.....
You're right.
AUMN was full of green lights.
Chart ok
Sector ok
Cash ok
Imagine that AUMN was trading at 25$ when silver was at 29$/once back in december 2010.
in 2011, they announced more silver discovery ( +40 to 120M once)
I really need to change activity.
No more logic in this market, all is under the control of Goldman Sachs software electronic trading.....
No more DD is usefull.
I'm a good indicator for a contrarian.
AUMN is the biggest bleeding stock in my list...
Guess what ?
I bought it, waiting for silver 50$.
-7% CHEERS !!!!!!!
When I buy sell, when I sell buy......
Where are the 14 members of this board...
I'm going nuts here......
- 7% With Silver record high......
ALLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
I'm a good indicator for a contrarian.
AUMN is the biggest bleeding stock in my list...
Guess what ?
I bought it, waiting for silver 50$.
-7% CHEERS !!!!!!!
When I buy sell, when I sell buy......
BIG DUMP WITH SILVER AT RECORD PRICE.....
THE WORLD IS NUTS......
Silver record price, AUMN in red.
Go figure.....
The world is crazy......
Golden Minerals is the one I just visited in Argentina, and I think that their El Quevar project is very interesting and has a lot of potential upside.
The company's market cap is still under $400 million, and I think it has a long way to go.
It is still drilling right now, and all the labs around the world are backlogged. It's already drilled 10 holes on the Carmen prospect and has been waiting for assays for roughly two weeks now.
So, the investment thesis on Golden Minerals is this: The Yaxtché zone contains 100% of the company's resources, which is roughly 60.5 Moz. silver.
Now based on recent drilling, the geologists on site believe they have two other sub-parallel zones to Yaxtché.
One is the Carmen target and the other is Mani (500 m south of Yaxtché). They are parallel to Yaxtché, and if the geologists can prove they are sub-parallel veins to Yaxtché, the resource estimate could even triple.
Right now, the company is completing a feasibility study on El Quevar. Once that's reported, we can model the mine very easily.
We can build a financial model of the mine that will make us even more confident in the number of ounces, as well as the production and cost numbers. I see the market cap easily doubling once that happens.
TGR: How large can this Yaxtché deposit be?
AS: If the sub-parallel zones are as big as the Yaxtché, about 180 Mozs. of silver.
Even if the zones turn out to be smaller, sub-parallel zones, I think Golden Minerals'
El Quevar can easily come up with more than 100 Moz of silver.
http://seekingalpha.com/article/242797-interview-precious-metals-expert-alka-singh-talks-gold-and-silver-producers-with-growth-potential
Shares Outstanding5: 15.25M
Float: 8.72M
Held by Insiders6: 22.93%
Held by Institutions6: 48.60%
Total Cash (mrq): 121.59M
El QUEVAR IS IN THE MIDDLE OF THIS !!!!
-The Pirquitas Mine is Silver Standard's first major mining operation, and commercial production was achieved on December 1, 2009. At full production the mine will produce an average of approximately eight to ten million ounces of silver and 2,500 tonnes of tin annually, ranking Pirquitas among the largest primary silver mines in the world.
http://www.silverstandard.com/projects/pirquitas/
Diablillos based on recent diamond drilling which was successful in converting a significant portion of the previously reported inferred resources into the indicated category. The project now hosts indicated resources of 640,000 ounces of gold and 77.1 million ounces of silver, and inferred resources of 187,000 ounces of gold and 6.3 million ounces of silver.
http://www.silverstandard.com/projects/dev_feas/diablillos/
Copy/Paste SSRI IR MAIL
Hi,
I was asking myself (After visiting your website) why Silverstandart have not bought out Golden Minerals (AUMN) ?
When I see this picture -------> http://s1.postimage.org/42u30raso/SSRI.jpg
I see that El-Quevar project is in the Middle of Silverstandart properties.
We're talking about 100 to 180M silver once high grade (+ 300g/t).
Can you tell me, If this can happen in the future (Project) ?
Best regards.
M.Devred
80% of 300M$ = 240M$
Odyssey Marine Exploration, the ocean salvager featured in the Discovery Channel series "Treasure Quest," is trying to recover silver valued at as much as $260 million (300M$ now EDIT) from a ship torpedoed by a Nazi submarine in 1941.
The Tampa, Florida-based company was awarded a contract by the U.K. government last year that would allow it to keep about 80% of the bullion treasure of the S.S. Gairsoppa, a cargo steamer sunk by a German U-boat off the Irish coast. There's an estimated 4 million to 7 million ounces at the shipwreck site, according to Odyssey President and COO Mark Gordon.
"This is the year we're going to go out and find it," Gordon said in an interview. He said the cost of the search would be less than $10 million. "The total survey and recovery costs will be a fraction of the value," Gordon said.
Odyssey aims to salvage Gairsoppa's cargo from beneath as much as 14,000 feet of water amid surging prices for silver. The metal has more than doubled in the past year, and gold rose to a record last week. The company recovered 17 tons of gold and silver coins in 2007 in an Atlantic Ocean operation it codenamed Black Swan.
Odyssey's other salvaging targets include HMS Victory, which sank off England in 1744 carrying 100,000 ounces of gold, and the Enigma, Shantaram and Firebrand, three merchant ships estimated to have cargoes worth at least $50 million each, Gordon said.
Depending on the weather, hunting for the Gairsoppa may start as early as May using sonar, metal detectors and undersea robots, Gordon said. The wreck's condition will help determine how quickly the cargo can be extracted, he said.
Odyssey has also signed deals to mine the South Pacific sea floor. Companies such as Nautilus Minerals Inc., Neptune Minerals Plc and an AngloGold Ashanti Ltd. are seeking gold, copper and silver deposits with technology adapted from deepwater oil exploration.
http://www.theaureport.com/pub/na/9085
Big short position, don't want to let it go.....
http://shortsqueeze.com/?symbol=atpg&submit=Short+Quote%99
AUMN (GOLDEN MINERALS)
180M SILVER ONCE IN ARGENTINA
FLOAT 15M
CASH = 8$/share (120M$)
Make sense for SSRI to buy AUMN before production in 2012.
They've two mines around El-Quevar.
Too bad, we will end up with 50-60$/share buyout, when AUMN (in full production) can reach 2 to 3B$ Market cap by 2014.
Make sense for SSRI to buy AUMN before production in 2012.
They've two mines around El-Quevar.
Too bad, we will end up with 50-60$/share buyout, when AUMN (in full production) can reach 2 to 3B$ Market cap by 2014.
43.02$ SILVER
With Silver going mania, this is an incredible gift.
This will be the Rubicon Minerals (RBY) of the Silver world.
180M Silver ounce (200-300g/t)
AUMN is on the way to have 50% of the value of AG.
1.25B$ = 80-90$/share