Golden Minerals Company

Welcome To The ECU Silver Mining HUB On AGORACOM Edit this title from the Fast Facts Section
in response to lawnbowler's message

Ok I'll bite. ECU has consistently outperformed a behemoth the likes of Silver Standard for 2 years running, and on average through this entire bull market. Interesting to note the combined resources of both companies must approach close to 3 Billion ounces of Silver at this point and growing. This makes both a very tempting buyout target down the not too distant road and could account for the stubborn heavy lid sitting on both of these stocks. Ask Yourself what if a persistent depressed SP is intentional - part of a grander plan inspired by the big boyz who ultimately aim to acquire these uncommonly vast deposits at firesale prices? Recall it wasn't all that long ago when GoldCorp suddenly snapped up Virginia Gold's resources well before they were declared Reserves, recognizing large deposits like these are rare. Well flash forward to today - a similar scenario is unfolding with the real Silver Bull now just getting underway and steadily gaining appeal from a broad spectrum of well-heeled long-term investors, with only a handful of Silver deposits the size of ECU & SSO still available on the open market. I imagine it's just a matter of time before one or both are snapped up by a major Silver producer (seeking to replace ounces) before the competition wakes up and sparks a bidding war for scarce resources at multiples of the current SP. Food for thought.

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ESL
City
Vicinity of Ottawa Ontario
Rank
President
Activity Points
3254
Rating
Your Rating
Date Joined
09/19/2007
Social Links
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Golden Minerals Company
Symbol
AUM
Exchange
TSX
Shares
76,690,000
Industry
Metals & Minerals
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