It would be more accurate to say this is a small silver producer with the ambition and high potential to become a big silver company.
Velardena even at 4 million AG equiv per year production won't be enough to cross the big silver hurdle. I think somewhere around 10 million oz per year production would be the threshold for big silver. Not sure where future growth will come from but visibility on this should improve over the next 1-2 years. It could come from El Quevar or from one of their promising properties in Mexico that they are planning to drill or from another acquisition a la ECU. But I think this company has the caliber of management needed to get Velerdena to 4 million oz and to then to grow the company beyond this from a second project.
Recent AUMN News
- Golden Minerals Announces CEO Retirement and Replacement and Board Changes • Business Wire • 06/18/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:05:50 PM
- CORRECTING and REPLACING Golden Minerals Reports First Quarter 2024 Financial Results • Business Wire • 05/14/2024 01:56:00 PM
- Golden Minerals Reports First Quarter 2024 Financial Results • Business Wire • 05/14/2024 10:45:00 AM
- Golden Minerals Announces Sale of Velardeña Assets and Unifin Settlement • Business Wire • 05/10/2024 10:45:00 AM
- Golden Minerals Announces Return of El Quevar Silver Project • Business Wire • 03/27/2024 10:45:00 AM
- Golden Minerals Reports Full Year 2023 Results • Business Wire • 03/19/2024 10:45:00 AM
- Golden Minerals Announces Passing of Director W. Durand Eppler • Business Wire • 03/05/2024 11:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 10:18:30 PM
- Golden Minerals Stops Mining Operations at its Velardeña Properties • Business Wire • 02/29/2024 11:45:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:03:10 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 07:53:16 PM
- Golden Minerals Begins Mining Operations at Velardeña Silver-Gold Properties • Business Wire • 01/23/2024 11:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:26:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 09:02:21 PM
- Golden Minerals Completes Sale of Santa Maria Gold-Silver Property • Business Wire • 12/05/2023 11:45:00 AM
- Golden Minerals Begins Producing Gold-Bearing Pyrite Concentrate at Velardeña • Business Wire • 11/21/2023 11:45:00 AM
- Golden Minerals Reports Third Quarter 2023 Financial Results • Business Wire • 11/10/2023 11:45:00 AM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 11/09/2023 09:32:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 02:12:21 PM
- Golden Minerals Announces Closing of US$4.2 Million Public Offering • Business Wire • 11/08/2023 08:14:00 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 11/08/2023 11:03:01 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 11/07/2023 05:15:26 AM
- Golden Minerals Announces US$4.2 Million Public Offering • Business Wire • 11/06/2023 02:15:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 10/25/2023 09:23:08 PM
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