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Golden Minerals Company (AUMN)

NYSE American - NYSE American Delayed Price. Currency in USD
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0.3650-0.0240 (-6.17%)
At close: 04:00PM EDT
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  • S
    Scott
    Highly bullish. New mine opening this year is really good. Strong fundament and good earnings
  • M
    Mo
    What y’all think the earnings are going to look like?
  • J
    James
    wed the pm's are gonna get wrecked after powell raises the rates!!!!!!!!! its not baked in already dont even try to say that!!!!!this will follow the pm's down sorry to say!!!!!!!!!!!!
  • J
    James
    Very good earnings report. Next quarter will be positive earnings per share.
  • m
    michael
    This is looking like it will support .50 so is that a sign of moving higher soon? Can someone explain. Thanks
  • S
    Sally Miles 1
    Hiring the new COO Glassini tells me they are going to start operating the other nearby mines... This could get interesting...
  • P
    Philip
    Looks good for now, but the Velardena mine wories me somewhat. Looks like there could be some serious problems in regards to its operational feasiblity. If Velardena doesnt pan out, I fear that will be a big hit to this company.
  • S
    Sally Miles 1
    This is heading the wrong way. They need to #$%$ or get off the pot regarding Velardena... Pretty soon we will be under $.30 at this rate.
  • S
    Sally Miles 1
    Clicking on all cylinders!!! Dhere's gold in dem dar hills...
  • J
    John
    This thing is an absolute beast and I will be really surprised if it's not trading over $1.00 by EOY.

    I feel lucky I was able to scoop up more shares at .50 on the lucky decline. My only regret is not buying a lot more!

    One of the most solid silver names in the market for sure despite the notorious volatility.
    Bullish
  • M
    Mo
    Are they going to announce there quarterly or what?
  • J
    James
    new coo weeeeeeeeeeeth thata make this rocket blhah ahahaha ha haha ah ahah ahhah!!!!!!!!!!!!!
  • M
    Mo
    We’ll see 1$ this week
  • M
    Mo
    Is spring/summer a big season for gold?
  • M
    Mo
    Is it just me or does it keep saying “earrings tomorrow” on the graph
  • M
    Mo
    It’s so beautiful 🥺
  • d
    dan
    "Don't worry, be happy"! As you can see, everything is just fine in the world and the equity markets are dancing to the music.. because last night someone waved a magic wand and we are all good now.. There is no need for real tangible assets, those relic PM's, and the debt clock turning so fast you can hardly see the numbers is no big deal.. Uh, can someone please tell me what I'm missing?
  • M
    Martin
    This company have big future.
    Bullish
  • T
    TSS
    Golden Minerals Announces Expansion Drilling at Rodeo Gold Mine

    Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce it has begun an exploration drilling program at its operating Rodeo gold mine (Durango State, Mexico) aimed at expanding the resource.

    The program will encompass approximately 2,000 meters of exploration drilling at selected near-surface targets located immediately adjacent to the current pit. The program has the potential to extend the life of the Rodeo mine well beyond the currently estimated life of around 2.5 years. Results should begin to be available within the next several months and any newly-added resources will be incorporated into the Company’s production plans.

    “Recent mining activities at the Rodeo open pit gold mine have revealed very interesting expansion targets that, in my opinion, could potentially extend Rodeo’s life by a meaningful amount,” said Warren Rehn, President and Chief Executive Officer of the Company. “Based on our previous drilling, we thought the higher-grade mineralization was closed off to the north by two drill holes; however, it is now apparent that those drill holes likely missed the main mineralized zone. Our more complete understanding of the geology of the deposit based on the new open pit exposures lead us directly to the current drill targets.”

    The Company began mining at Rodeo in late December 2020 and announced it had begun processing at a rate of approximately 200 tonnes per day (“tpd”) in mid-January 2021, roughly two weeks ahead of schedule and on budget. Rodeo’s first gold pour took place at the end of January 2021. At that time, Golden announced it would be ramping up processing to the full run rate of around 450 tpd, which was anticipated to occur by the end of the first quarter 2021 when installation of a regrind ball mill was complete and brought online. These activities remain on track and are anticipated to occur by March 31, 2021.

    The Company has continued to pour gold on a weekly basis, if not more frequently, as planned and has exported and sold its first batch of gold-silver bars. The Company is on track to complete its forecasted annual production of between 12,000 and 14,000 ounces of gold in 2021.
  • L
    Lianhuat
    2 great things going for AUMN

    Rodeo project
    - started pouring gold as of 1Feb.
    - after tax NPV at 8% discount is $33M at current prices
    - low strip ratio 1.7:1
    - 34koz production over 2 years
    - low cash cost of < $800/oz

    Velardeña project
    - Low cash cost of $0.92 per Ag ounce net of credits (using the prices below). Likely negative cash cost at current prices.
    - 1 M ounces silver per year scheduled production
    - PEA assumes 3-year trailing prices of $1,324/oz gold, $16.23/oz silver, $0.90/lb lead and $1.25/lb zinc
    - Starting late 2021 or early 2022.
    Bullish
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