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Tuesday, 08/21/2012 10:52:25 AM

Tuesday, August 21, 2012 10:52:25 AM

Post# of 35782
AUMN Golden Minerals Getting things together Moving from explorer to producer.

From phone call with IR
New equipment all in and in place, allowing for the work needed to access new stopes in previous unmined areas with higher grades. These areas were waiting on equipment that was held up on the border for 6 mths


Market Cap 200m
About 1/2 Billion Silver EQ oz No typo!

38 M OS shares and committed to organic growth with min financing

Small production bumping soon to 850 tpd and cash flow positive Q2 2013

They have properties on the market to bring in cash and reduce costs to further their production efforts

Further exp to 1150tpd being accessed but will need some outside financing.

Corporate presentation out next month.
I think the pres will tell us a lot.

Checkmate28
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