Replies to post #93 on Golden Minerals

[Picassa]

Beacon Equity Research (04/11/11)

"Golden Mineral shares lifted today after the company provided an update regarding its underground development drifting activities at the El Quevar project. It also reported that it has spotted additional high grade intercepts at holes made at the project deposit site. . .it has also received results regarding an additional hole on the western trace of the ManiSub target. . .contains an 18-meter intercept, which has averaged 192 g/t silver. It also included a two-meter intercept which yielded 583 g/t silver."

[Picassa]

TGR: How large can this Yaxtché deposit be?

AS: If the sub-parallel zones are as big as the Yaxtché, about 180 Mozs

http://www.theaureport.com/pub/na/8152


180M = 5M Gold once (20g/t) (Gold/Silver Ratio 16/1)

Si I see AUMN having the value of RBY down the road (+1B$ before production)

60-65$/share

[Picassa]

Paradigm Capital just say that with Silver at 42.82$, $AUMN fair value is 59.47$