Golden Minerals Company

The financing for ECU should close today and the impact of cleaning up the balance sheet, growing monthly revenue that will continue for months yet and further strengthen the balance sheet and re-starting exploration suggests that ECU has bottomed and is ready to move or maybe even outperform in the months ahead. In my view all the ducks are lined up at last and momentum may well turn our way including the gold/silver market and HUI going much higher. Can't say if this correction is over yet but I can say that there are signs it could be or at least basing. If this is the case the higher lows are indeed spectacular in gold/silver and stocks, even ECU. Either way the primary trend will re-exert and take the stories much higher in the coming weeks and months.