Golden Minerals / AUMN - fil dédié

après la fusion Ecu AUMN dont le moins qu'on puisse dire est qu'elle n'a pour le moment, pas du tout profité aux actionnaires d'Ecu

peut être enfin un retournement de tendance, après bien de déconvenues :

( si vous avez suivi les dernières news AUMN , il y a eu une ak conséquente et totalement réservée au group Sentient global ressources, à un prix défiant toute concurrence ! )

Golden Mineral prend +17% ce soir ... étude du jour sur S alpha :

Citation :

Golden Minerals Co. (AUMN)

Golden Minerals is a $115 million market cap company with an average daily trading volume of 254,000 shares. The company was formerly known as Apex Silver and its headquarters is in Golden, Colorado. AUMN completed its merger with ECU Silver in September of this year. The Velardena district property in Mexico, is in the production ramp-up stage. It contains a M&I resource of 40 million AgEq ounces and has 391 million AgEq ounces inferred. The PEA for Velardena should be complete in Q2 of next year. Per AUMN as of March 2011, the total resource of nearly 500 million AgEq ounces (M&I plus inferred) leads all the junior producer peers. Additionally, it has the promising El Quevar project in Argentina, in the project evaluation stage as well as the advanced exploration Zacatecas project in Mexico. It has support from its largest shareholder- the powerful Sentient Group as well as Sprott Assets. The stock is down 75% from its 52-week high.

source seeking alpha

je note que Sprott est actionnaire, et ça c'est un très bon point ..

Sentient qui s'est goinfré sur ak perso .. connait pas , mais je vais me rencarder ..

en attendant, liste des actionnaires principaux d'AUMN

http://finance.yahoo.com/q/mh?s=AUMN+Major+Holders



*************************************

Pour terminer en beauté,

Sandro a concocté une analyse technique AUMN en GANN


Hardinvestor / Golden Minerals

Sentient Group :

j'ai fait quelques recherches et j'ai dégotté ce PDF, il y a pas mal d'infos, y compris sur la stratégie et le profil des dirigeants

http://www.quebecexploration.qc.ca/2010/pdf/session3/03_04_couture.pdf



voir évidemment le site de la sté, et cliquez sur les liens du menu de gauche

http://www.thesentientgroup.com/Default.aspx



bref, c'est pas des tendres ... hum , mais bon s'ils ont investi dans golden minerals, c'est qu'ils jugent que ç'est une compagnie minière profitable

Elle prend + de 30% depuis le jour de l'an (et encore plus pour nous grâce à l'effet de change) les News sont superbes

http://finance.yahoo.com/news/Golden-Minerals-Reports-iw-4255776501.html?x=0

Citation :

Golden Minerals Reports Significant Operational Improvements at Velardena and Company Strategic Direction

Press Release: Golden Minerals Company – 12 hours ago

• Companies:
  
• Golden Minerals Company
  
• Golden Minerals Co
  

REELATED QUOTES

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AUMN	7.59	+0.26

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  2012 Forecasted Prodcution (Silver equivalent calculated at 50:1 Ag:Au)
  

GOLDEN, CO--(Marketwire -01/11/12)- Golden Minerals Company (AMEX: AUMN - News) (TSX: AUM.TO - News) ("Golden Minerals" or "the Company") is pleased to report significant operating improvements at the Velardeña Operations, located in the State of Durango, Mexico, since the merger with ECU Silver on September 2, 2011. The Company also announced plans to rationalize its extensive exploration portfolio.

Velardeña Operations

Payable metals production for September through year-end 2011 exceeded guidance previously provided in September by approximately 30% for gold and 114% for silver, primarily due to the increase in head grades resulting from reduced dilution. The following table shows actual production compared to the previous forecast for September through December 2011. Also shown is the updated 2012 forecast production for gold and silver.


Full
Sep-Dec Sep-Dec Year
'11 Fcst '11 Act Q1 2012 Q2 2012 Q3 2012 Q4 2012 2012
-------- -------- -------- -------- -------- -------- --------
Production (payable metals)
Gold (oz) 1,000 1,300 1,300 2,000 2,600 3,100 9,000
Silver (oz) 42,000 90,000 90,000 150,000 230,000 270,000 740,000
The 2012 Forecasted Production chart shows gold and silver production in silver equivalent ounces. Lead and zinc production are not included. Amounts shown are September through December 2011 actual gold and silver production compared to the previous forecast production, and forecast production for 2012.
Since the merger with ECU Silver, Golden has made significant operating improvements at the Velardeña Operations. Golden's primary focus has been on improving head grade in the feed supplied to the mills and on moving underground mine development outside the mineral veins. The December average head grade for gold and silver in material supplied to the oxide mill has improved by approximately 70% over the August average head grade (from approximately 1.5 grams per tonne to 2.5 grams per tonne for gold and approximately 90 grams per tonne to 150 grams per tonne for silver). The December average head grade in material supplied to the sulfide mill has also improved significantly to approximately 2.0 grams per tonne gold, 174 grams per tonne silver, 1.7% lead and 2.0% zinc. The improvements are primarily related to moving underground development outside the vein, resulting in reduced dilution of plant feed. The Company has completed approximately 1,200 meters of mine development since early September and has commenced excavation on the San Mateo Ramp, the main production ramp that will access six major ore zones.

Golden has also commenced plant optimization and other work to improve recoveries and product quality in both the oxide and sulfide plants. The Company plans to add a flotation circuit ahead of the current oxide plant to recover and divert to the sulfide plant more of the sulfide material that is currently mixed with the oxides. Based on these efforts, the Company expects the Velardeña Operations to be operationally cash flow positive in mid-year 2012 at current metals prices.

Safety related improvements at the Velardeña Operations have included the installation of 15 face ventilation fans, establishment of three trained and equipped mine rescue teams and safety refresher training for all personnel.

In addition, the Company has commenced engineering studies for a phased expansion of the sulfide plant by adding an additional ball mill, flotation cells and concentrate handling equipment. The phased expansion is expected to increase the sulfide plant's capacity from 320 to 650 tonnes per day which, along with operational improvements to the existing 500 tonne per day oxide plant, could result in annual production rates of up to 2 million ounces of silver and 29,000 ounces of gold by 2013. Expenditures for this phased expansion will be available later in the first quarter and are expected to be in the range of $10.0 million. The phased expansion would allow for an interim production increase pending completion of the proposed 2,000 tonne per day plant, which might occur as early as 2015. The 2,000 tonne per day sulfide plant could result in annual production of up to approximately 4 million ounces of silver and 80,000 ounces of gold.

As was previously announced, the Company expects to complete an updated NI 43-101 compliant resource estimate for the Velardeña Operations towards the end of the first quarter 2012. The independent consulting firm of Chlumsky Armbrust and Meyer (CAM) has been retained to provide the updated resource estimate.

The Company also expects to complete a Preliminary Economic Assessment (PEA) by the end of the third quarter 2012. The PEA will be based on the updated resource estimate and proposed expansion plans for the Velardeña Operations.

Exploration Portfolio

Golden has commenced a process of rationalizing the Company's current exploration portfolio of approximately 80 projects in Mexico, Peru and Argentina. The Company expects the potential monetization of selected assets to generate value as well as significantly reduce greenfield exploration expenditures in 2012 and going forward.

Jeffrey Clevenger, Golden Minerals Chairman, President and CEO, commented, "Management's primary focus is on growing production and establishing the company as an emerging producer." In addition, Mr. Clevenger noted, "This business strategy should allow Golden Minerals to more quickly become self-sufficient and less dependent on raising capital."

El Quevar

An updated NI 43-101 compliant mineral resource estimate on El Quevar is being prepared by the independent consulting firm of Pincock, Allen and Holt (PAH). The updated resource estimate for the El Quevar project is now expected by the end of first quarter 2012. PAH has been asked to include an additional 23 drill holes for which assays have just been received.

About Golden Minerals

Golden Minerals is an emerging precious metals producer with a large silver and gold resource base in Mexico and a large silver resource base in Argentina. The Company, which is a Delaware corporation, is listed on both the NYSE Amex and TSX. Golden Minerals is primarily engaged in the ramp-up and expansion of existing production at the Velardeña Operations in Mexico and advancement of the El Quevar project in Argentina. The Company also has a large portfolio of exploration projects, including the advanced stage Zacatecas project in Mexico.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, and applicable Canadian securities laws, including statements regarding forecasts of production from the Velardeña Operations and the effects on such forecasts of development work, mining and process improvements, operational changes, processing facility improvements, planned phased expansion of the existing sulfide plant and the planned construction of a new sulfide plant; anticipated improvements in feed head grades, metal recoveries, and concentrate production and quality; anticipated progress and rates of progress on the San Mateo ramp and its effectiveness in providing haulage access to undeveloped ore; planned construction of a new sulfide plant and the timing thereof; anticipated updates of resource estimates for the Velardeña properties and El Quevar and the timing thereof; anticipated achievement of cash flow positive operations at Velardeña by mid-year 2012; interpretation of the results of drilling programs and other geological information; planned rationalization of the Company's exploration portfolio for value and reduction of Greenfield exploration efforts and costs. These statements are subject to risks and uncertainties, including unexpected events at the Velardeña Operation, including lower than anticipated production or greater than anticipated costs; unexpected events at the El Quevar project or the exploration properties; variations in ore grade and relative amounts, grades and metallurgical characteristics of oxide and sulfide ores; delays or failure in receiving required board or government approvals or permits; technical, permitting, mining, metallurgical or processing issues; failure to achieve anticipated increases in production and improvements in head grades, recoveries and concentrate production and quality at the Velardeña Operation; delays in or failure to realize anticipated benefits of plant optimization efforts; timing and availability of external funding on acceptable terms to construct the planned sulfide plant, advance the development of El Quevar and other efforts; unfavorable interpretations of geologic information; inability to complete the phased expansion of the sulfide plant on time or at all or failure to realize anticipated production improvements from the phased expansion; unfavorable results of new resource estimates; loss of and inability to adequately replace skilled mining and management personnel; possible disputes with customers or joint venture partners; unanticipated difficulties or delays in completing the San Mateo ramp and failure of the ramp or the undeveloped ore accessed by the ramp to meet expectations; delays in the arrival of or loss of equipment being procured for the Velardeña operation; development of unfavorable information or conclusions regarding the economic or technical aspects of the planned sulfide plant for the Velardeña Operation, the amenability of the El Quevar deposit to bulk mining, or interpretations of geologic information; inability to generate value from the Company's exploration portfolio; failure to reduce greenfield exploration activities or costs; volatility or other changes in the U.S. and Canadian securities markets; availability and cost of materials, supplies and electrical power required for mining operations and exploration; fluctuations in silver, gold, zinc and lead prices, costs and general economic conditions; changes in political conditions, tax, environmental and other laws, diminution of physical safety of employees in Mexico, and other conditions in the countries in which the Company operates. Additional risks relating to Golden Minerals Company may be found in the periodic and current reports filed with the Securities Exchange Commission by Golden Minerals Company, including the Annual Report on Form 10-K for the year ended December 31, 2010.

For additional information please visit http://www.goldenminerals.com.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1851537

bien vu Sandro





Nos lecteurs demandent de temps à autre des nouvelles de golden minerals et ce que je vais poster leur fera plaisir :

Murphy qui est comme nous, toujours actionnaire fait le point, et Wistar Holt analyse le dernier communiqué de la compagnie sur Velardena et la stratégie de la compagnie ( voir le communiqué posté par Sandro, dans le post précédent )



www.lemetropolecafe.com



Veteran Café members know my sad, to euphoric, to horror show tale of my major precious metals investment, ECU Silver … now Golden Minerals. I went to Velardena, Mexico to view ECU’s major property in 1999 and became enthused about its prospects. The share price back then was 25 cents. I bought a bundle and the stock went to a ½ cent and was not allowed to trade for many months. Thinking the stock was a steal (don’t we all), I loaded the boat when the stock began to trade again. Over the years ahead the share price went to $3. From thereon in nothing went right (perception-wise) and its share price plummeted. It fell all the way back to 46 cents, rallied to a buck or so, and then was taken over by Golden Minerals on a 20 to 1 basis (1 GM share for 20 ECU shares).

The logic of the merger made sense. ECU has a world class precious metals deposit in Mexico which was not being developed properly … partly because it was cash starved and was diluting itself into oblivion. Golden Minerals had plenty of cash and its management is known to be first rate, having the experience to develop what they already had in South America and now in Mexico.

Great, right? Well the share price of GM then dropped to $5.23, which was close to a 75% drop in its value. What a nightmare! There are some out there who believe it was targeted by The Gold Cartel because of my GATA role. Others believe it was just part of a hedge fund shorting program. Whatever the reason, the shorts won the battle, burying the former ECU shareholders and the Golden Minerals shareholders in the process.

However, it now appears, finally, the tide has turned. After making a high this morning of $8.69, GM closed today at $8.27, rising around 60% since making a very recent $5.23 low. Word to me is that at last glance there was a "known" short position of 2.5 million shares. The total short position is most likely FAR greater than 2.5 million. I said the shorts "won." They have so far, but ONLY if they cover their shorts soon and before the GM share price goes back to where it should have been all along. The question is, how do they do so without driving the share price sharply higher? We shall see.

Anyways, I am in the Eric Sprott, John Embry camp in that I think the price of silver is going to go bonkers and that the share prices of quality silver producers will do the same.

The old high of Golden Minerals was around $30. There is no reason not to believe its new share high price will not triple that old high in the years ahead (rising to $90 per share) as the prices of gold and silver SOAR.

Golden Minerals stock chart:

http://www.goldenminerals.com/stockcharts.php



This is not investment advice but a roller coaster tale. The good news is there are a number of precious metals stocks out there in a similar boat. If you own one, now is the time to pay close attention, not throw in the towel … that is if they have the goods and the low share price makes no sense … not when we have a mania ahead of us in the gold/silver share sector.





GATA’s good friend Wistar Holt thinks like I do on GM…

Dear Clients,
A press release titled, "Golden Minerals (AUMN) Reports Significant Operational Improvements at Velardena and Company Strategic Direction"



(http://www.goldenminerals.com/press.php)



was issued January 11, 2012 and discusses enhancements that the company made to their gold and silver production in Q4 ’11. Additional improvements in mine development and ore recovery should allow Golden Minerals to expand production throughout 2012 and become operationally cash flow positive by mid-year 2012.

Furthermore, AUMN plans to expand the size of the existing sulfide mill from 320 to 650 tpd. Along with "operational improvements to the existing 500 tpd oxide plant could result in annual production rates of up to 2 million ounces of silver and 29,000 ounces of gold by 2013."

Ultimately, the company plans to construct an additional 2000 tpd sulfide mill which "could result in annual production of up to approximately 4 million ounces of silver and 80,000 ounces of gold" by 2015. At current metal prices, this would generate annual cash flow of $251 million—greater than the ridiculously low market cap that Golden Minerals had declined to at the end of 2011 amidst hedge fund shorting and tax-loss selling. Fortunately, just two weeks into 2012, AUMN has recovered 32% from the 2011 close.

More gains are anticipated as the metal prices continue to recover and the market psychology for the sector continues to improve. Furthermore, John Hathaway, manager of the Tocqueville Gold Fund predicts that a "terrific short squeeze" will trigger a significant recovery for gold and silver mining stocks (attached). According to Hathaway, "We had extreme readings in terms of sentiment, measured any number of ways. Usually that means you are into the dry heave stage where there is nobody left to sell."

Wistar W. Holt
January 11, 2012
wholt@holtshapard.com

Wistar is very sharp as is John Hathaway, whom I have not seen since he came to Dallas about a decade ago. However, his top aide, Doug Groh, came to Gold Rush 21 at our conference in the Yukon in August of 2005. Knock On Wood here, but I am hoping what Golden Minerals has done so far is just the beginning of the "terrific short squeeze."

Citation :

bien vu Sandro

J'avais en effet, dans mon alerte graphique, chopé le point bas, à quelques centimes près, avant ce rebond de 60%... mais je dois à l'honnêteté de reconnaître que c'était aussi un coup de bol, dans la mesure où mon support a été brièvement enfoncé.

Pour autant, avoir raison quelques semaines trop tôt et qui plus est sur un (temporairement) faux signal...ben, ça s'appelle avoir tort, il n'en demeure pas moins que les lignes de force et la survente majeure minimisaient les conséquences de ce léger contre-temps...

Bill Murphy, ce soir



www.lemetropolecafe.com





Speaking of Golden Minerals, which is still my largest share position, there is no longer any doubt in my mind there are malign forces out there bent on keeping this share price going from where it ought to. This is probably the case in many of the gold/silver shares, which is why they have acted so poorly for so long.

What happened today blew me away and convinced me what the extent of this short selling of the precious metals shares really is. Let me explain.

Last year Golden Minerals merged with ECU Silver on a 20 to 1 basis, or one share of GM for 20 ECU shares. During the debacle of the last few months of the year, GM was taken down to $5.23, which was the equivalent of 26 cents ECU, a total disaster for any of us who invested in them a decade+ ago at the same price or more. During the downturn over the past couple of years, there were a couple of visible short sellers trashing ECU publicly and making a big deal what a short it was. For whatever the reason they've won out thus far. That’s the way it has been.

However, during the month of January GM has stormed back, still rinky-dink in terms of ECU of old, but still quite an impressive performance, rising all the way to $9.55 this morning. Technically it achieved a major breakout. When, out of nowhere it began to collapse today with the HUI up 10, gold flying, and silver sharply higher. It was clobbered down to $8.78, down 57 cents on the day. We contacted the company to find out if there was any news out, or was there any announcement of insider selling? The answer was no.

What I did learn was that as of January 13 there were still 2,343,799 shorts still on the books. That is the official number. Our guess is that the real number is double that. Today’s action suggests the shorts are not throwing in the towel yet, even with the dramatic inflation announcement by the Fed which ought to send gold and silver shares soaring in the months ahead.

It is my bet that these bums have overstayed their welcome at the party and are going to get blown out over those months. It couldn’t happen to a creepier bunch of fellows. It is also my bet that GM is going to $90 per share when silver soars toward $100 per ounce.. That might sound like a stretch, but it is only a triple from GM’s old high … which is only a ten bagger from here, a move that will be commonplace in the years ahead when the gold/silver share mania kicks in. It is only a question of time before the shorts in GM, and in a number of other precious metals shares, cry "UNCLE." It is only a question at what price they surrender.

What the heck? I wrote the above with GM below $9 per share. It is now unchanged at $9.35. I asked my friend Wistar Holt if he knew what was going on. He came back with:

As of 12:00 CST, AUMN has made a 180 degree turn and is unch at $9.35 on 300M shares.

With gold/silver prices fairly stable over the past 1-2 hours, I can only ascertain three possibilities to this bizarre trading:

1. An ignorant institution bailing the stock recklessly—he won’t be employed long!

2. A brokerage firm haphazardly liquidating a margin call of an institutional client.

3. A short protecting the already-existing 2.3 million share short position and preventing the stock from closing above a technical level of 9.40, as well as an effort to push it below the benchmark $9 level. Then, buying/covering the new shorts placed earlier once the stock began to recover from the $8.78 low. If this is the case, it has only required 50,000 shares to fully recover the loss and the short might be even further exposed.
Wistar

GM closed at $9.16, below its breakout point.

"viens d'acheter plus d'actions à 4.87 $ , prix que j'avais payé pour écu, il y a 11 ans .le trend baissier d'un an est cassé à la hausse. Très sousévaluée "



Bill Murphy ‏@LeMetropole

Citation :

Just bought more Golden Minerals at $4.87, which is what I paid for the prior ECU 11 years ago. Stock broke year downtrend. SO undervalued.

merci à Jean de m'avoir alertée ==> augmentation de capital pour 31.6 millions $

du coup, évidemment c'est en chute de -13% à 6.06 $ us avec une ouverture à 5.80 $ us
les shorts qui étaient en train de couvrir en panique seront ravis de l'aubaine !

Citation :

GOLDEN, Colo., Sept. 14, 2012 /CNW/ - Golden Minerals Company (NYSE MKT: AUMN) (AUM.TO) ("Golden Minerals" or the Company") is pleased to announce that it has entered into an underwriting agreement with Wells Fargo Securities to sell 5,497,504 units, comprised of one share of common stock and a five year warrant to acquire one half of a share of common stock at an exercise price of US$8.42, at a price of US$5.75 per unit, for gross proceeds of US$ 31.6 million. Net proceeds, after underwriting discounts and estimated offering costs, will be approximately US$29.5 million.

http://finance.yahoo.com/news/golden-minerals-announces-equity-financing-113100093.html

suite à l'AK annoncée plus haut, et parceque le produit de cette AK sera utilisé productivement

Citation :

In its most recent production update, AUMN mentioned that with about $20M of funding, it will be able to expand production to 2M oz. of silver by 2Q 2013, and then with extra $50M, further expand to 4M oz. by the end of 2014. At that volume, its cash cost per oz. will be less than $7, so at $37 silver (I think silver is going to be MUCH higher by the end of 2014, since U.S. employment is not going to improve markedly and the Fed will keep buying the MBS securities for a long time), AUMN will be making $30 of cash profit on each oz., for a total cashflow of $120M per year. Its current market cap is only $210M, so its market cap would have to rise A LOT by the end of 2014 (it will rise steadily as AUMN keeps increasing its production).

Seeking Alpha est positif, et pense que dès que l'AK sera close ( ce qui doit etre le cas, à présent), le cours devrait remonter, puisque les hedges fund ne pourront plus acheter à 5.75$

http://seekingalpha.com/article/872581-the-new-share-offering-by-aumn-creates-a-unique-buying-opportunity?source=marketwatch



Merci à Jean pour l'info... qui m'avait échappée !

Citation :

Dans sa mise à jour la plus récente production, AUMN mentionné que, avec environ 20 millions de dollars de financement, il sera en mesure d'accroître sa production pour 2M oz de l'argent par 2Q 2013, puis à 50 millions de dollars supplémentaires, d'étendre à oz 4M. d'ici la fin de l'année 2014.

À ce volume, son coût au comptant par once. sera inférieur à 7 $, de sorte à $ 37 d'argent (je pense que l'argent va être beaucoup plus élevé d'ici la fin de l'année 2014, étant donné que l'emploi américain ne va pas s'améliorer sensiblement et la Fed va continuer à acheter des titres MBS pendant une longue période), AUMN fera bénéfice de 30 dollars en espèces sur chaque once, pour un total des flux de trésorerie de 120 millions de dollars par an. Sa capitalisation boursière actuelle est de seulement $ 210M, et devrait augmenter BEAUCOUP d'ici la fin de 2014 (elle augmentera de façon constante que AUMN ne cesse d'augmenter sa
production).

enfin de bonnes nouvelles !

http://finance.yahoo.com/news/golden-minerals-reports-production-increases-113100128.html



GOLDEN, Colo., Oct. 11, 2012 /CNW/ - Golden Minerals Company (NYSE MKT: AUMN); (AUM.TO) ("Golden Minerals" or "the Company") today provided production results from the Velardena Operations for the quarter ending September 30, 2012 .

(Logo: http://photos.prnewswire.com/prnh/20120803/LA52082LOGO)

Payable production for the third quarter was approximately 120,000 ounces of silver and 1,900 ounces of gold, 28% higher for silver and 27% for gold, as compared to the second quarter, and 18% and 19% higher for silver and gold, respectively, as compared to the average quarterly payable production for the first half of 2012. For the first three quarters payable production was approximately 325,000 ounces of silver and 5,100 ounces of gold. Additionally, Velardena produced approximately 290,000 pounds of payable lead and 320,000 pounds of payable zinc in the third quarter and 700,000 pounds of lead and 930,000 pounds of zinc for the the first three quarters of 2012.

Jeffrey Clevenger , President and Chief Executive Officer, commented, "Our target for operationally positive cash flow beginning next year is on track with all of the equipment on site to achieve our mining ramp-up goals. Third quarter production is indicative of the progress being made by the team at Velardena."

Mine development and ramp-up to the 850 tonne per day combined oxide and sulfide plant throughput is proceeding as planned, with a steady state run-rate of 850 tonnes per day anticipated in the third quarter of 2013. Engineering studies are also underway for the phased expansion to 1,150 ore tonnes per day.



About Golden Minerals

Golden Minerals Company is a Delaware corporation based in Golden, Colorado, primarily engaged in silver and gold mining at its Velardena Operations in Mexico and advancement of the evaluation stage El Quevar project in Argentina .



Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, and applicable Canadian securities laws, including statements regarding of the timing of anticipated mine development and production ramp-up at the Velardena Operations and the achievement of operational positive cash flow, the sufficiency of mobile mining and other equipment on site for mine development and production ramp-up activities, and the planned expansion of Velardena Operations production; and the requirement for external funding for an expansion. These statements are subject to risks and uncertainties, including unexpected events at the Velardena Operations, including further delays or problems in mine development and plant optimization; operational changes or problems; variations in ore grade and relative amounts, grades and metallurgical characteristics of oxide and sulfide ores; delays or failure in receiving required board or government approvals or permits; technical, permitting, mining, metallurgical or processing issues; failure to achieve anticipated production and improvements in head grades, recoveries and concentrate production and quality at the Velardena Operations; delays in or failure to realize anticipated benefits of plant optimization efforts; need for and timing and availability of external funding on acceptable terms to construct expanded production facilities; unfavorable interpretations and changes in interpretation of geologic information; failure to realize anticipated gold production increases from the addition of the bulk flotation process being installed at the oxide plant; failure to realize anticipated production increases from the anticipated increase in mine development; loss of and inability to adequately replace skilled mining and management personnel; disputes with customers or joint venture partners; failure of undeveloped ore or veins to meet expectations; volatility or other changes in the U.S. and Canadian securities markets; availability and cost of materials, supplies and electrical power required for mining operations and exploration; fluctuations in silver, gold, zinc and lead prices, costs and general economic conditions; changes in political conditions, tax, environmental and other laws; and diminution of physical safety of employees in Mexico and other conditions in the countries in which the Company operates. Additional risks relating to Golden Minerals Company may be found in the periodic and current reports filed with the Securities Exchange Commission by Golden Minerals Company, including the Annual Report on Form 10-K for the year ended December 31, 2011 .

For additional information please visit http://www.goldenminerals.com/ or contact:

Golden Minerals Company
Jerry W. Danni
(303) 839-5060
Executive Vice President

SOURCE: Golden Minerals Company


Contact:

http://www.goldenminerals.com

http://photos.prnewswire.com/prnh/20120803/LA52082LOGO

PRN Photo Desk, photodesk@prnewswire.com

Comme le signale un de nos lecteurs assidus ( merci Jigé ), excellentes news de Golden minerals

ce qui laisse de marbre les investisseurs, puisqu'elle a encore été attaquée today, repassant au dessous de 4 $

Citation :

Golden Minerals Co : Golden Minerals Announces Third Quarter Results and $2.0 Million in Exploration Property Sales





GOLDEN, Colo., Nov. 8, 2012 /PRNewswire/ -- Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE MKT: AUMN) (TSX: AUM) announces results for the quarter ending September 30, 2012 and $2.0 million in fourth quarter exploration property sales.


Financial Results





For the third quarter 2012, Golden Minerals recorded a 45 percent increase in revenue to $7.1 million from the sale of metals at its Velardena Operations in Mexico, as compared to revenue of $4.9 million in the second quarter 2012. Also during the third quarter, the Company recorded a $57.2 million non-cash reduction in goodwill related to its September 2011 transaction with ECU Silver Mining Inc. The goodwill was initially established primarily as a result of recognizing, for accounting purposes, a deferred tax liability for the difference between the fair value of the Velardena property acquired in the ECU transaction and the Mexican tax basis of the property. Since September 2011, an approximate 20% decrease in forecasted future gold and silver prices and certain changes to assumptions related to the long term operating plan for the Velardena Operations has resulted in the reduction of goodwill. There was no reduction in the carrying value of the long-lived Velardena property.





The Company's cash and short term investments balance increased by $30.9 million during the quarter to $54.0 million as of September 30, 2012. The increase is due to $36.9 million in net proceeds received from a registered offering and private placement of our securities during the quarter, offset by the expenditures described above plus capital expenditures of $2.0 million and an increase in net working capital of $2.2 million, both related primarily to the Velardena Operations.



source

Citation :

Encore un peu de patience et j'espère que nous serons récompensés de notre
ténacité...

http://seekingalpha.com/article/1001981-is-the-recent-destruction-of-golden-minerals-share-price-justified

jean

démission du vice président Jerry.W.Danni



GOLDEN, Colo., Nov. 28, 2012 /PRNewswire/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM)("Golden Minerals" or "the Company") today announced that Jerry W. Danni, Executive Vice President of Golden Minerals Company, has resigned from his position effective November 30, 2012 to pursue another career opportunity.



http://finance.yahoo.com/news/golden-minerals-announces-resignation-executive-123000999.html



mmouais , c'est jamais bon signe ça !!!

pour info un certain silverbull50 poste ceci sur agoracom, aucune id de qui est ce gars là !
il a apparemment interviewé Jerry Danni, qui rejoindrait Goldcorp

et "tout ça ne change rien etc etc etc "

Citation :

AUMN: Spoke at length with Danni regarding his departure

posted on Nov 28, 12 10:36AM(Log in to use the IP Check tool)^[?]

I'll list the important points he stressed:

1. He is taking a position with Goldcorp in the Environmental area, which has been his forte throughout his career. The announcement was just approved this morning and will be announced shortly by GG.

2. He stressed that the resource at Valardena is everything AUMN anticipated with "bottomless" mineral and excellent grades.

3. They are currently producing near 1 million silver-eq. ounces at 500 tpd. At 850 tpd in Q3 '13 they will be producing near 2 million silver-eq. ounces annually. At 1150 tpd (Q4 '14) they still project 3.5- 4.0 million silver-eq ounces. At merely $30/oz. silver, that provides $105-120 million cash flow annually. Excluding cash, that is a 1:1 cash flow--market cap ratio. AEM and GG trade at 10-15 X cash flow as a comparison.

4. Overhead costs will decline with his departure.

5. Q4 '12 production progressing as expected.

6. He remains a large shareholder and will retain his residence in Golden, Co. and commute to Vancouver (GG) for the next two years.

7. IMO, there appears to be zero skeletons related to Danni's departure.

8. Karen Winkler will remain IR and Bob Vogel--CFO will inherit some of Danni's responsibilities.

Silverbull50

http://agoracom.com/ir/GoldenMinerals/forums/discussion/topics/554630-aumn-spoke-at-length-with-danni-regarding-his-departure/messages/1745707

merci à @coulous pour le graph


http://stockcharts.com/h-sc/ui?s=aumn

achats d'investisseurs institutionnels qui sont en train de prendre à revers les shorts, on dirait !

Citation :

1. Golden Minerals Company (AUMN, Earnings, Analysts, Financials): Engages in the exploration and development of precious metals and other mineral properties in Mexico and South America. Market cap at $171.17M, most recent closing price at $4.02. Net institutional purchases in the current quarter at 2.1M shares, which represents about 6.26% of the company’s float of 33.56M shares. Over the last six months, insiders were net buyers of 1,365,790 shares, which represents about 4.07% of the company’s 33.56M share float.

http://www.thestreet.com/story/11783621/1/10-stocks-with-bullish-institutional-and-insider-buying-activities.html

oui, je confirme qu'elle est VERTE en oscillos depuis le 20 novembre



le réveil est, en effet, assez évident






aumn /golden minerals

http://finance.yahoo.com/news/golden-minerals-announces-fourth-quarter-221600798.html

Citation :

Golden Minerals Announces Fourth Quarter 2012 Production
Press Release: Golden Minerals Company – 20 hours ago
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AUMN 4.10 -0.51

GOLDEN, Colo., Jan. 17, 2013 /CNW/ - Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") provides production results from the Velardena Operations for the fourth quarter 2012.
(Logo: http://photos.prnewswire.com/prnh/20120803/LA52082LOGO)
Payable production during the fourth quarter 2012 totaled a record of approximately 134,000 ounces of silver, an increase of about 13 percent over third quarter 2012 production and 72 percent greater than the fourth quarter 2011. Payable gold production during the fourth quarter 2012 was 1,300 ounces, about 33 percent less than the third quarter 2012 production and an increase of about eight percent above the fourth quarter 2011. Full year 2012 payable production totaled approximately 457,000 ounces of silver and 6,500 ounces of gold for a total of about 782,000 silver equivalent ounces for silver and gold only (equivalents calculated at 50:1).

Additionally, the Company produced approximately 330,000 pounds of payable lead and 480,000 pounds of payable zinc during the fourth quarter, bringing full year 2012 production to approximately 1.0 million pounds of lead and 1.4 million pounds of zinc.

Record silver production for the fourth quarter was achieved primarily due to efforts to reduce dilution to the ore feeding the mills, with a 45% increase in grade for the fourth quarter as compared to the first quarter. Gold production during the fourth quarter 2012 was negatively impacted by lower gold recovery at the Company's processing plants primarily due to the occurrence of different mineralogy in some of the newly developed ore areas and to a lesser extent by reduced tonnes mined during the fourth quarter due primarily to shortages of miners as previously reported. The Company is currently working to improve gold recoveries for the recently encountered ore, including testing different reagents and grinds in the sulfide plant, and conducting various tests to determine the ores or blend of ores that yield the best results in each plant. The Company is working with its unions to improve miner availability and have recovered about half of the shortfall.
The Company currently expects throughput rates at Velardena ranging from approximately 500 to 600 tonnes per day in 2013, ramping up late in the year with achievement of an 850 tonne per day production rate in late 2013 or early 2014. The Company is focused on improving gold recoveries, continued optimization of the plants and mine plan, and completion of the San Mateo ramp, which is expected in the fourth quarter 2013 as previously reported. The San Mateo ramp, which will permit trucking of ore from the productive Santa Juana mining unit to the concentrating facilities on the surface, should increase the amount of daily production from Santa Juana, as ore currently must be hoisted through an internal shaft with limited capacity. Prior to completion of the ramp, the Company had planned to augment material from Santa Juana with vein material from other mining areas to achieve a daily production rate of 850 tonnes per day in the third quarter 2013. However, recent mining in two of the other mining areas has encountered narrower veins than anticipated, making the earlier ramp-up less attractive.

la News a disparu, AUMN refuse d'exécuter un paiement de 8M$ en attendant une décision judiciaire en appel à venir...

Bon, je ne connais pas la nature du contentieux, mais si une décision en appel est pendante à son initiative, il n'est pas illogique de cesser un paiement contesté...
Ces 8M$, s'ils sont effectivement dus, c'est déjà dans les cours depuis belle lurette, et si l'appel est couronné de succès, c'est même très bon...alors que le marché sanctionne une nouvelle "neutre" qui tient plus du non évènement que du scoop, c'est étrange...à moins que ma lecture rapide du cette news disparue me fasse commettre une erreur de perception, ce qui est tout à fait possible, mais pas l'option la plus probable car je lis quand même l'anglais sans difficulté majeure...

Bref, le plus étonnant c'est que la news que je m'apprêtais à poster ait disparu pile poil au moment ou je réinitialisais mon PC après plantage.

tenez, elle reprend déjà 2% en ne chutant plus "que" de 9%...

la production d'or au Q4 2012 est vue comme négative à Ct, d'où le nouveau repli ==> l'auteur ( qui ne posséde pas d'actions AUMN) suggére de profiter de ce pull back

Citation :

After a rough 2012, these shares have been trending higher in the first weeks of 2013, but there was a recent pullback after the company announced fourth quarter production. Production for the fourth quarter 2012 totaled a record of approximately 134,000 ounces of silver, an increase of about 13% over third quarter 2012 production and 72% greater than the fourth quarter 2011. However, gold production during the fourth quarter 2012 was about 1,300 ounces, which is about 33% less than the third quarter 2012 production and an increase of about 8% above the fourth quarter 2011. The gold production in Q4 is seen as a short-term negative which was due to various factors including a shortage of miners. However, the company is focused on increasing gold production in 2013. That is why this could be just a short-term opportunity to buy the shares in a pullback, before the recent uptrend resumes.

http://seekingalpha.com/article/1124101-why-buying-the-pullback-in-golden-minerals-could-reward-investors-in-2013?source=yahoo

Bawi, AUMN c'est du SILVER...l'or est un plus, mais à laisser à sa place...très secondaire en l'occurence et se focaliser sur la prod de gold c'est vraiment faire preuve d'une grande incompréhension du dossier

http://finance.yahoo.com/news/golden-minerals-announces-2013-operating-035500143.html

GOLDEN, Colo., Feb. 12, 2013 /CNW/ - Golden Minerals Company (NYSE
MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") today provided
a summary of its 2013 operating plan, projecting increased production
in 2013 and positive gross margin at the Velardena Operations commencing
in the third quarter, and of its program to define longer term
operating and expansion plans for Velardena. The Company also announced
its intent to solicit a partner to advance its El Quevar property in
Salta, Argentina and to reduce El Quevar holding costs.

(Logo: http://photos.prnewswire.com/prnh/20120803/LA52082LOGO)

PRODUCTION

Velardena 2012 payable production totaled approximately 780,000
payable silver equivalent (AgEq) ounces, or an average 195,000 AgEq
ounces per quarter. Payable silver equivalent ounces include only
payable gold (at a 50:1 ratio to silver) plus payable silver and exclude
lead and zinc. Velardena's average quarterly production in 2012 is
about 60 percent greater than the 122,000 AgEq ounces of sold production
reported for the second quarter 2011, the final reporting period prior
to Golden's acquisition of the property in September 2011 .

The Company anticipates 2013 payable production of about one million
AgEq ounces, almost 30 percent greater than 2012 payable production. The
Company also expects to produce approximately 4 million pounds of
combined payable lead and zinc in 2013. The Company expects a
substantial 80 percent increase in payable silver in 2013, combined with
an approximate 30 percent decrease in gold production. Forecasted
improvement in silver output is a result of increased grade due
primarily to improved longitudinal vein dilution control and to improved
recoveries resulting from the late 2012 addition of a flotation circuit
ahead of the leach circuit in the oxide plant. The flotation circuit is
currently operating and producing a lead concentrate averaging between
15 to 20 kilograms (480 to 640 ounces) of silver per tonne. The
forecasted decrease in gold production is primarily the result of
reduced gold recoveries in the current plant configuration from material
mined from new areas which appears to have a different gold metallurgy
than material previously mined. The Company has initiated a testing
program to address gold recovery, discussed further under Mine
Development and Operations below.

The Company anticipates a steady ramp-up in silver equivalent
production during 2013, and preliminary results from January 2013
operations are consistent with these expectations.

MINE DEVELOPMENT AND OPERATIONS

The Company will continue to advance the San Mateo ramp during 2013,
with completion of the ramp now expected during the third quarter 2013,
moved forward from the previously communicated fourth quarter 2013
estimate. Approximately 1.5 kilometers of the ramp have been completed,
with less than 0.5 kilometers remaining to reach the productive Santa
Juana mining unit. Completion of the ramp will permit ore removal by
30-ton trucks, rather than by the existing interior hoisting system that
is capped at 300 tonnes per day, and should permit the Company to
increase output as the mine develops. The ramp has already provided
access to the Terneras and San Mateo veins and when completed will
provide more efficient and less costly ore haulage from the Santa Juana
veins.

A significant portion of the gold in Velardena ores occurs
encapsulated in pyrite mineralization which requires oxidation of the
pyrites to permit increased gold recovery. Testing continues on an
Albion oxidation process and on an autoclave process to improve gold
recoveries. Initial test work for the Albion process is encouraging, and
the Company believes that installation of an Albion oxidation circuit
for recovery of the gold bearing pyrites would require significantly
less capital than would an autoclave. Additional testing is required to
confirm the potential of the Albion process, and the Company has sent
more sample material to Australia to confirm initial test results and
to permit the development of engineering parameters and a preliminary
construction budget.

The Company has also shipped a 300 kilogram sample of tails from the
oxide plant to a U.S. testing facility to evaluate whether the addition
of a Knelson gravity gold/pyrite recovery circuit could improve gold
recoveries at the oxide plant. This type of circuit may also enhance
gold recovery at the sulfide plant. If the tests are successful, Knelson
concentrators could be installed later in 2013.

The Company anticipates approximately $7.0 million in capital
expenditures at Velardena in 2013, with approximately half of that
amount spent on mine development including the San Mateo ramp. With the
current and advancing development of the San Mateo ramp, the Company is
now able to position diamond drills to penetrate the Santa Juana area
beneath current mining. Drilling is also ongoing in the Chicago mining
unit in an attempt to define oxide tonnes for the oxide plant leaching
circuit. In addition, the Company continues work to optimize mine plans
and plant performance.

The Company believes that the process test work and underground drill
program described above should provide the basis for better planning
and evaluation of expansion options later in the year.

EL QUEVAR

Recent drilling at El Quevar (see the Company's January 25, 2013
press release) supports the Company's view that El Quevar may be an
evolving new silver district. Drilling identified silver mineralization
approximately one kilometer east and on strike with the Yaxtche
resource, and identified a possible extension of the Norte zone, 500
meters east of previous drilling. The Norte zone is parallel in strike
to Yaxtche and is five kilometers to the north. In order to advance El
Quevar, the Company will solicit a partner to move the project forward
with additional drilling in these areas, drilling in other potential
areas and evaluations.

LIQUIDITY

The Company will focus on attaining positive cash flow from the
Velardena Operations, and expects the Velardena Operations to become
gross margin positive in the third quarter 2013, assuming current gold
and silver prices.

The Company's cash position is currently sufficient for the Company
to carry out its 2013 operating plan, with a projected cash balance at
the end of 2013 of approximately $24 million .

About Golden Minerals

Golden Minerals Company is a Delaware corporation based in Golden,
Colorado, primarily engaged in silver and gold mining at its Velardena
Operations in Mexico and advancement of the evaluation stage El Quevar
project in Argentina .

Forward Looking Statements

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
Exchange Act and applicable Velardena Operations Canadian securities
legislation, including statements regarding anticipated production from
the Velardena Operations in 2013 including the steady ramp-up in such
production and expected increases in silver production and decreases In
gold production and the reasons therefore; achieving positive gross
margin at the Velardena Operations in the third quarter 2013;
anticipated timing of completion of the San Mateo ramp and anticipated
benefits of completing the ramp including increased, more efficient and
lower cost ore haulage; evaluation of the Santa Juana mine as
productive; estimates of 2013 capital and mine development costs;
planned testing and other efforts to increase gold production; efforts
to optimize the mine plan and processing plants; the planned definition
of a long-term operating and expansion plan including planned testing
and evaluation of the Knelson concentrator, Albion oxidation process and
autoclave and results of initial testing; expected lower costs for an
Albion process than an autoclave; planned drilling at Santa Juana and
Chicago ; expectation that process test work and underground drill
program should provide the basis for better planning and evaluation of
expansion options later in the year; the belief that the El Quevar
project area may be a new silver district; belief that drilling may have
identified extensions of the Yaxtche deposit and the Norte zone; the
planned solicitation of a partner to advance the El Quevar project;
focus on achieving cash positive operations at the Velardena Operations;
belief that the Company has sufficient cash to carry out its 2013
operating plan; and anticipated cash balance at year-end 2013;

These statements are subject to risks and uncertainties, including
unexpected events at the Velardena Operations, including further delays
or problems in mine development, completion of the San Mateo ramp and
mine plan and plant optimization; operational changes or problems;
variations in ore grade and relative amounts, grades and metallurgical
characteristics of oxide and sulfide ores; availability of sufficient
quantities of oxide ores; delays or failure in receiving required
government approvals or permits; technical, permitting, mining,
metallurgical or processing issues; changes in interpretation of
geological or metallurgical information at the Velardena Operations and
the El Quevar project; failure to achieve anticipated production and
head grades, recoveries and concentrate production and quality at the
Velardena Operations; delays in or failure to realize anticipated
benefits of mine plan and plant optimization efforts; failure to realize
anticipated 2013 production and silver production increases; failure to
realize anticipated production or increases in production from the
anticipated increase in mine development and the completion of the San
Mateo ramp; higher than anticipated operating and capital costs at the
Velardena Operations, and delay in or failure to achieve positive gross
operating margin when anticipated or to have sufficient cash to carry
out 2013 operating plans; future test results that do not support the
use of the Knelson concentrator, Albion oxidation process or autoclave,
and that do not provide a basis for future operating and expansion
plans; disappointing future results of drilling at the Santa Juana and
Chicago mining units; loss of and inability to adequately replace
skilled mining and management personnel; possible disputes with
customers or joint venture partners; failure of undeveloped ore or veins
to meet expectations; interpretations and changes in interpretations of
geologic information; strikes or other labor problems; increased costs
or decreased metals prices; volatility or other changes in the U.S. and
Canadian securities markets; availability and cost of materials,
supplies and electrical power required for mining operations and
exploration; fluctuations in silver, gold, zinc and lead prices, costs
and general economic conditions; changes in political conditions, tax,
environmental and other laws; and diminution of physical safety of
employees in Mexico , and other conditions in the countries in which
the Company operates. Additional risks relating to Golden Minerals
Company may be found in the periodic and current reports filed with the
Securities Exchange Commission by Golden Minerals Company, including the
Annual Report on Form 10-K for the year ended December 31, 2011 .

Golden Minerals Company assumes no obligation to update this
information. Additional risks relating to Golden Minerals Company may be
found in the periodic and current reports filed with the Securities
Exchange Commission by Golden Minerals Company, including the Company's
Annual Report on Form 10-K for the year ended December 31, 2011

résultats 2012, pas folichon : les shorts ne l'ont pas loupé, notamment aujourd'hui !

http://finance.yahoo.com/news/golden-minerals-reports-2012-end-192500054.html

GOLDEN, Colo., March 1, 2013 /CNW/ - Golden Minerals Company (NYSE
MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") announces 2012
year-end results.

(Logo: http://photos.prnewswire.com/prnh/20120803/LA52082LOGO)

For the period January 1, 2012 through December 31, 2012 , Golden
Minerals recorded revenue of $26.1 million and costs of metals sold of
$33.4 million for a negative gross margin of $7.3 million from the
sale of metals at the Velardena Operations in Mexico . For the same
period the Company recorded a total net loss of $92.0 million , which
includes the negative gross margin at the Velardena Operations and
$58.5 million associated with a non-cash goodwill impairment charge,
$57.2 million of which was recorded previously in the third quarter.
The net loss also includes $7.9 million for project expenses and mine
development costs related to the Velardena Operations, $10.0 million
of non-cash depreciation and amortization-related expense, $7.1 million
of corporate general and administrative expense, $7.0 million of
exploration expense and $5.1 million of expense associated with the El
Quevar project. These expenses were partially offset by other
operating income of $2.5 million related primarily to net gains on the
sale of certain fixed assets and non-strategic mineral properties and
interest and other income of $2.5 million related primarily to the
sale of the Platosa net smelter royalty.

The Company's cash and cash equivalents balance totaled $44.4
million at December 31, 2012 compared to $48.6 million at December
31, 2011 . The $4.2 million decrease in cash and cash equivalents
during 2012 resulted primarily from the cash operating expenditures
described above plus $9.6 million in capitalized property and plant
expenditures, incurred primarily at the Velardena Operations, offset by
the Company's receipt of approximately $37.0 million related to a
public offering and private placement of units comprised of common stock
and warrants in September 2012 , plus $5.1 million received in net
proceeds from asset sales.

Quelle descente !
Je vais peut-être en prendre une lichette
Ça fera baisser mon pru...