Golden Minerals Company

Welcome To The ECU Silver Mining HUB On AGORACOM Edit this title from the Fast Facts Section

almost 12 years ago

September post update:

Roughly a $97,000,000 Million dollar decline (39%) in Market Capitalization since the September 19th Corporate Presentation was provided. This presentation was done AFTER the financing . . . apparently when the share price was around $5.90.

So, we ramped up cash to $60,000,000, have no debt, no hedges, a low level of shares outstanding, roughly 1 out of 3 owned by a group of 5 major institutional investors - and this happens on a 6% decline in the price of Silver?!?

Furthermore, one can argue that we were VERY underrvalued to the price of Silver on September 19th.

Sorry - but this has been beyond frustrating for a very long time.

I'm still surprised the institutional investors didn't protect the recent offering price.

I continue to wonder when the manipulators will decide more profits can be made on the upside than downside.