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Golden Minerals Company Message Board

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  • pm_guru_1 pm_guru_1 Mar 15, 2012 5:41 PM Flag

    Concerning the resource estimates..

    I still think you're lowballing Mr.USND. Let's not forget this isn't just one drill season this was well over a years worth of results to incorporate. Even the follow up results in December were outstanding. 11m of 1000 g/t+?!? That's sick. What about all those big intervals of 500-800g/t? These are serious ozs. If it were not in Argentina, those ozs would be worth $2-3 oz in the market. That said, I think the market has discounted the Argentina factor. After the Argentine Peso blows up and they start over, Argentina will be a cheap place to do business again. Think about it.

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    • Well, we will know it within weeks/days. It is very difficult to go into these kind of estimates, unless you are a real insider.

      While we are speculating on the outcome of the resource updates, the company is working hard on ramping up production at Velardena. That's all I ask from them as a shareholder.

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