Replies to post #21259 on Value Microcaps Junior Miners

[cl001]

I believe AUMN was planning summer 2011 start up of its flagship mine. However, since they delayed the feasibility study to include new resource, it could be Q3 or Q4 the latest. I met with the management a few times. They were told my the governor wanted to start the mine in 2011 because he is running for re-election in 2012. He needs the jobs and a show case of new business. In Argentina, the governor is the king. He wants the mine to start it will be starting on time. It is not Canada or the US. Plus there is nobody living remotely there, perfectly for mining. So I think they should be able to make the 2011 start up date.
As for the stock, the main shareholders are long term shareholders. Sentient, who is behind the rise of EAS.v. Hochschild , who is behind the rise of GORO and LSG.to. You can't find better shareholders than them. The only thing that can stop AUMN from rising is a PP. But they don't need money until they finish the feasibility early next year. It is going to be another exciting year for AUMN for sure!