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Re: management so quiet.... why?

Here's the msg from AUMN I received this morning responding to an email I sent yesterday afternoon:


"Hello and thank you for your enquiry.



Your frustrations with the market and AUMN share performance are shared by all of us. We will continue to look for ways to reassure investors. Please understand that we have no material information that has not been released. However, we will challenge ourselves to find ways to better communicate. For example, this may include more frequent updates on the status of operational improvements at Valerdeña. We have just this morning released information about the updated resource update for Valerdeña, and we expect that resource estimate to be followed by an economic assessment, which of course will be communicated to investors straightaway.

It could be that forced liquidations have been putting pressure on the stock; however it is company policy to not speculate on the reasons for movement in our share price. Golden remains 100%-focused on executing our business plan: increasing production at Velardeña, strategically monetizing portions of our large exploration portfolio, and seeking to become self-funding as a company -- all of which will ultimately benefit our shareholders.

Thank you for your support of Golden Minerals.

Best regards,


Golden Minerals Investor Relations"

over 12 years ago
tacolagolf
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