More info.....this could be a buy....see below:

Chen continues to rack up profits. Here is what he had to say last week to his paid subscribers in Alert # 215 this year.

Letter # 215

December 18, 2009

Update:

Golden Minerals (GDMN/AUM.to) just issued the PR about the recent drilling results this morning:

http://finance.yahoo.com/news/Golden-Minerals-Announces-iw-3544934644.html?x=0&.v=1

The results including the one I mentioned earlier plus more(all silver grade):

167: 12 meter 2,916g/ton !

167: 4 meter 5,604g/ton !

163: 3 meter 2,571g/ton !

Lower grade grade(still better than most of the results I have seen) include:

171: 17 meter of 508g/ton

158: 4.2 meter of 1032g/ton

144: 11.0 meter of 446g/ton

136: 9.0 meter 595g/ton

130: 3.0 meter 1152g/ton

117: 11.0 meter 470g/ton

12

These are extraordinary good grades for silver deposit. Results are highly consistent across all the drill holes. This confirms that GDMN has one of the best silver discoveries in the recent years. Regarding to its IPO on Amex. It probably will come in January according to my knowledge. I am very excited

about it. The IPO should create a lot of liquidity and attracts institutions and funds. Our little hidden gem is about to be discovered. I am planning to hold my shares into the IPO, if not buying more should I have buying power available.