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

To: james flannigan who wrote (37)	2/16/2007 6:05:24 AM
From: Nostradameus	Read Replies (1) \| Respond to of 106

No, I can't predict the future! >g< I want to tell you that you made a calc. error in the previous post. 2.5 million oz x 50 is 125 $ millions... You can use that 50 $ now but with the actual programm ( infill + step-out ) they will add onces into measured and indicated. At this point I think we can use any number between 60-100 $ us/once. And probably 5 millions onces is possible at the end of the year. Yesterday AEM made an offer to CLG at 177 $ cdn/oz ( total onces ). So in my mind it's pretty sure that ADM will be bought when more work will define a better ressources calc. and maybe some economic data. But who knows... Goldcorp bought Eleonore from Virginia before any ressource numbers! Short term ( before year end ) a reasonable price would be 7 $ if gold stay there.... I see a take-over near 10 $ easily. Some are afraid about low grade. On that I say : Kinross are mining Refugio : 1.5 million oz at 0.87. Low grade is ok if you have tonnage. ADM has it. Yes share price will go higher, we have to wait. A listing to Toronto will help too. Let's see the couple next releases before PDAC... Thanks Martin