Golden Minerals Company

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

Wow! What a 20 to 1 shareprice that would be. I could handle 200.00 a share.

I don't think it is really pie in the sky. The following is possible.

Newco's resource is estimated at 1 billion oz Ag equivalent.

POS is $65.

Resource in the ground is valued at 10% of metal.

So, that gives us :-

1 billion oz x $6.50 / 32million shares = $203 per share

I could handle it as well.

Also, the warrants are worth $189 or so.

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lawnbowler
City
London, Ontario
Rank
President
Activity Points
6156
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Date Joined
06/23/2008
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Golden Minerals Company
Symbol
AUM
Exchange
TSX
Shares
76,690,000
Industry
Metals & Minerals
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