Oops, when I said pin 1, I was thinking of 3-pin XLR. I guess the shield usually gets connected to the other metal part on the outside of the connector (whatever that is called).
Also, I haven't checked with the mm yet but assumed the "gold" wire went to ground (there is a gold and red on one side and a green and red on the other side). Thanks for the advise on melting the enamel, that was probably going to be my next question.