Ann: Metminco to merge with Andes Resources, page-39

Cheers GB. Royal Road last week essentially paid $113 per acre for the Anglo ground. Without considering prospectivity it would give our area a value in the 10-11mill range.

Andes/Metminco looks to be the higher quality of the two and one could argue would give us a higher per acre value, but this does highlight how undervalued we are and the value of this merger.

Adding the big hitting shareholders from Andes to the register and restructuring the board/management will be a breath of fresh air. There are plenty of salty old holders of MNC (rightfully so) who will fail to see the importance and value of this transaction. I'm really looking forward to getting more in depth details, MNC not only survived to fight another day, they've set the foundation to grow into a mid tier explorer/producer in the most underexplored gold rich regions on earth.