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Gold/Mining/Energy : Andina Minerals

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To: riversides who wrote (57)4/16/2008 3:02:28 PM
From: james flannigan  Read Replies (1) of 106
 
OSK trades near $100 per oz.Hell they have to buy a whole town and move it.ADM has the water rights for the mine in place.I think the Resource calculation may motivate a major to bid.If not ADM keeps drilling with 6 rigs and the deposit grows bigger by the day.Then the price goes up...Veronica Hearsh was on BNN and said ADM will be bought out soon.Sounds like Chile may get more M&A with the deal by China last week.I think Kinross will make a move on ADM,after all its beside the mine that they own in operation.

James
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