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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Frankly Speaking who wrote (5031)	11/24/2001 8:35:12 AM
From: Al Collard	Respond to of 11802

Frankly Speaking, Your in with AAG-v @$.46 for 21,739 shares. Chart for Andean American Mining Corp: stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20] From the chart of AAG we can see the stock has been in an uptrend for the last two months travelling just atop the support of it's 20EMA. The chart indicators are bullish but the downturn of the Slow Stoch's suggests a test of the 20EMA is probable before the uptrend resumes. The volume last week sure looks good. Will be interesting to see how the market reacts to Friday's announcement of the debenture conversion on this stock. Good luck with this pick, Al

To: Frankly Speaking who wrote (5031)	11/29/2001 2:27:39 PM
From: Al Collard	Respond to of 11802

AAG-v...in the news: Andean American intends $5-million debenture financing Thu 29 Nov 2001 News Release Mr. John Huguet reports Andean American Mining has arranged a production debenture financing of up to $5.0-million in support of the needs of the corporation. The terms of the new production debenture are such that the holders of the Series A, C and D debentures will be able to make a reinvestment decision. Verbal agreement has been received today representing over 86 per cent of the funds in the referenced A and D debentures. This is a key figure as it requires 80-per-cent majority to make changes to the existing debenture. The company is attempting to contact the balance of the debentureholders. Documentation for the new production debenture is targeted for completion by Dec. 17, 2001. The principal terms of the new debenture are 12-per-cent interest payable quarterly, and the debentureholder will receive a warrant for each dollar of new debenture purchased. The warrants have a two-year term and entitle the holder to purchase a common share at 50 cents in the first year and 60 cents in the second year. The intention is to retire and repay full principal and interest from production proceeds during 2002. An amount of 25 per cent of metal sales revenue or $10.00 per tonne (whichever is greater, on a per-sale basis, reconciled quarterly) will be paid on an imprest-fund basis beginning with the first metal sales accomplished after the effective date of the debenture (Jan. 1, 2002). The one-half of 1-per-cent NSR on the Santa Rosa project previously granted to the Series D debentureholders will survive the conversion of the Series D debentures and continue unamended. The issuer may prepay at any time without penalty. The debentureholders have the right to independently audit all metal sales and production records to their full satisfaction. The new production debenture financing is subject to acceptance of filing with the regulatory authorities.