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Gold/Mining/Energy : Andina Minerals -- Ignore unavailable to you. Want to Upgrade?


To: james flannigan who wrote (35)2/15/2007 9:42:48 AM
From: Nostradameus  Read Replies (1) | Respond to of 106
 
No James , I am in heavily in it myself too !!!

You are right. Onces will grow fast in 2007. It is a reality that ADM will be bought out in few month since the deposit will fit in a '' classe mondiale '' category.

Right now I think the share price has a lid on it because BMo/nesbitt is selling probably because they grab shares at 3 $ exclusively.

I don't think it is going to last long....

regards

Martin



To: james flannigan who wrote (35)2/16/2007 7:01:08 AM
From: rubbersoul  Respond to of 106
 
Hey James,

We've been following ADM on this board for quite some time:
Subject 54430

Claude Cormier (Ormetal Report) recommended it a while back under $2.

It has been my largest position for a while. $7 short term is my guess. I would estimate that more than 66% is owned by institutions and insiders.

Another company that has been pulling out similar grades and intervals as ADM is SCM. Check out their most recent release:
biz.yahoo.com

Also, check out AGC which could be another ADM:
amarillogold.com

MC is about 30 million with 800 000 ounces of gold already on another property (Mara Rosa). New reserve calculation for Mara Rosa and drill results for Lavras du Sol are pending.

All three companies are Ormetal Report recommendations and my top three holdings.

John