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Replies to #71 on Golden Minerals

MWM

01/20/11 10:40 AM

#72 RE: griff100 #71

Just not coming together fast enough for the momo crowd would be my guess...

That is a monster deposit they are sitting on, something like 400 mill oz eq of silver I think...

One day it will rise again if Silver can stabilize...

GWMGF is the next monster imo...

MWM

03/02/11 10:15 PM

#76 RE: griff100 #71

Excellent Interview that mentions AUMN's potetnial...

Along with several other stocks that I really like!

http://www.theaureport.com/pub/na/8787

Another silver play?

CL: Yes: Golden Minerals Company (AUMN). Golden Minerals and Alexco have similar characteristics, namely that their silver is extremely high grade. El Quevar is Golden's flagship property in northern Argentina. It's in the high Andes, and there's nobody living there. There's plenty of water. The company has only explored a small area, but has already found very high silver content, and it's expanding its resource.

Early on, the company was talking about 6 Moz., but it can build a much larger silver mine and increase capacity. Because of the grade, today's silver price gives the company a huge margin. Plus, Golden Minerals owns huge properties throughout South America and Latin America, including Mexico. It's a spinoff from Apex Silver, which went into bankruptcy, and all the exploration properties came to Golden Minerals. Apex put in its claim very early, and they own a lot of very good and important properties throughout South America.