This is just way to cheap and grossly undervalued. When people like Rick Rule say good things about how the company has advanced operationally and added assets while market cap has dropped significantly with very good management, this is a must buy for anyone wanting leverage to silver/gold equities going forward.

My view hasn't changed, I still think Golden Minerals will be one of the top performers over the next couple years as more become aware of operational advancements, huge resource build and future development plans. This is the kind of emerging producer that could become a market darling if and when precious metals equities finally start the climb higher to significant new highs for the HUI.

I am going to copy a short note from a friend this morning who runs a fund and is very savvy and successful:

"This is a great area to add the stock if anyone has room/cash. We bought some at $6.95 and plan on adding a lot more if continues to pullback. Obviously, if the entire market heads south it will affect AUMN but this is a very cheap level. In fact, $6.85 is equivalent to ECU at .34, which is where I first loaded up on ECU back in 2005 and it ran to $3.30. Now they have partially developed mine with shitload more of proved resource than in 2005 AND they have the Argentina property.

I remember meeting Clevenger back in 2008 when he was CEO of SIL, hq'd in downtown Denver. I told him about ECU and he had not heard of it back then. Then he told me that this Argentina property that turned into AUMN was going to be as big as what I described Valerdena was becoming. I thought he was off his rocker. Now that I know AUMN, I think he may end up being right."