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4.55% $1.04 ansarada group limited

re: Ann: Andean Resources Presentation to Syd... Some...

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  1. FiendishRedbeard
    7,936 Posts.
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    09/05/10
    22:46
    Post #: 6675248
    re: Ann: Andean Resources Presentation to Syd...
    Some interesting points in the last presentation,

    First, comparison to the El Penen mine in Chile and Meridian gold

    http://www.yamana.com/Operations/ProducingMines/ElPenon/default.aspx

    http://www.fundinguniverse.com/company-histories/Meridian-Gold-Incorporated-Company-History.html

    Similar geology, grade and production profile.

    Second is comment regarding acquisitions, possibly in Patagonia or other regions. Could see AND transform into multi mine mid cap gold/silver stock based in South america in 5-10 years?

    80kms of drilling to look forward to as well this year.


    AND Price at posting: $3.25 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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