GOLDBUGS AMEX Goldbugs Index (GOLD)

[Picassa]

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=[e-mail]&source=mail