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Wednesday, 05/04/2011 6:22:35 AM

Wednesday, May 04, 2011 6:22:35 AM

Post# of 176
Nicholas Campbell, Canaccord Genuity (4/27/11) "A pure-silver project: The El Quevar project has the potential to effectively develop into a pure silver mine with almost 100% of revenues generated from silver. Golden Minerals is advancing underground development at the Yaxtché deposit, with the objective of developing an 800-tpd underground mine by 2013, with potential to produce 3.5 Moz. silver per year."

AXU and GPL Produce less 3M

Market cap 400-500M$

600-700M$ is a minium for AUMN (40-45$/share)

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