Golden Minerals Company

There should be no question of mining economically for Valardena per data from today's news release:
Gold 3.46g/t = 0.1153oz/t @$1500 =$173
Silver 195g/t = 6.5oz/t @$27 =$175
Approx. total value of metal per ton = $348

A while back there was an estimate of potential operating costs being of the order of $50 per ton ( I have no current/actual costs) so having seven times the metal per ton should put that issue where it belongs.

While on the subject of issues and our sp, AUM got taken down when gold was depressed and AUM has started recovery just when gold did same. I notice similar recover correlation for most precious metals. This recovery was under way before this news release hence my conclusion is that it is mostly related to precious metal prices.