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Strategies & Market Trends : Ride the Tiger with CD

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To: ogi who wrote (51696)5/14/2006 11:05:39 PM
From: PaperPerson  Read Replies (1) of 313046
 
Thanks for your thoughts on Aurcana AUN. Does sound like they accomplished a lot by watering their stock a bit.

As I read more of their material I am impressed with the name of their partner on La Virgen in Mexico -- Mauricio Hochschild & Compania.

That same company owns 51 percent of what is known as the Minera Andes 'San Jose Project' in Argentina and is considered one of, if not the best, p.m. mine operator in South America, is my understanding.

Minera Andes in turn is the company in which former Goldcorp CEO Rob McEwen just acquired 30 percent stock ownership. So sounds like Aurcana is playing in the right league, anyway.

I do not know anything about Reyna Mining & Engineering S.A., their partner in La Negra, which is the hotter property of the two. Do you?

Regards Michael
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