Replies to post #31077 on Value Microcaps Junior Miners

[checkmate28]

AUMN AUM.V +25% today after +30% yesterday. I've Been posting on the value of Golden Minerals, pointing out the following facts,

*they were trading at cash in the bank while holding large assets (mill, mine and resources) (good recipe for future gains)
*closing and reopening the mine would wipe out the old inefficient inherited unionized labor problems and leave them more efficient for the future. Time should prove that was an effective decision by mgt as they will reopen with only 1/3 the old labor costs.
*They have a large proven resource, plus advanced exploration propertys
*Shares had traded as high as $28
*Float is very low

June 3rd through June 9th you could have purchased AUMN for .50 to .55 and sold today for +140% in 2 weeks time.

Probably more fairly valued now, until they can prove they can meet their guided costs, at which point they should trade up another %100 even at $1300 gold.
If we get back to $1900 gold, AUMN should see the 10 bagger I predicted back a few posts, link back.
If they are successful in JV ing ElQuvar, you can add even more value.

Checkmate28

[checkmate28]

AUMN Golden Minerals up another +28% to 1.33 today. They were on my trading for cash or less list. I called a 10 bagger a short while back. Got one+ bag in.
OnlY 43 M Outstanding shares. This stock used to trade at $29
They ousted their union crew and are supposed to open the mine this month with low costs. If they show costs near their guidance, it has more room, and share price could easily get up another $. They had 30 million but Cash has to be getting lower with all the shut down and rehab costs.