"This company has the Cerro Negro depsoit in Argentina.The gold...

"This company has the Cerro Negro depsoit in Argentina.

The gold is close to the surface, easy to mine and near exisitng infrastructure - no impediments to building a plant.

This deposit, which is open-ended, is at the moment 200m x 150m x 500m in size. Multiply that by 2.7 for specific gravity (turns square meters of dirt into tonnages).

150 x 200 x 500 x2.7 then multiply it by an average of 3 grams per tonne gold and divide by 30 to turn grams into ounces.

150 x 200x 500 x 2.7 x 3 and divide by 30 = 4,050,000

This is a 4m plus ounce deposit....and still open-ended.

4m ounces times a profit margin of at least AUD$250 per ounce and you have over $1bn in profit.

Andean has a market cap. of $95m and is holding $10m in cash."

Grab a pencil and work that out.

Cheers Lobster

I hold and also like AGM BMO GGN MRX although they make me cry, DIO Ditto, LSG, MOTO and a few others.