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This one caught my attention today looks to be a great low float Gold play could turn out to be something good here definate radar.
Andresmin is committed to building shareholder value through the acquisition, exploration, and development of high quality mineral projects in the prime Central Andes region of South America, which annually produces 42% of the world's copper (over $18 billion each year). The Company has an impressive property portfolio with nine projects of merit encompassing 16,400 hectares of strategically located and highly prospective ground. The Winicocha copper-gold project in southern Peru is Andresmin's flagship project. Centromin reports Winicocha hosts an inferred reserve of 1.4 million ounces of gold, thought to be near surface expression of a much larger underlying copper-gold porphyry deposit. Recent sampling found a geochemical anomaly with grades ranging to 1.0% copper and 5.0 grams per tonne gold, and coincident geophysics has outlined three large anomalies. Exploration is ongoing on all projects. Andresmin trades under the symbol ADGD on the NASDAQ over-the-counter bulletin board.
For further information please contact: Resourcex Group: Toll (888) 689-1620 investor@andresmin.com www.andresmin.com
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Andresmin Gold Corporation (OTCBB: ADGD - http://finance.yahoo.com/q?s=ADGD.OB ) Andresmin Gold Corporation holds a 100% interest in 9 separate mineral exploration projects, encompassing a total of 16,400 hectares, in Peru. The most noteable property is the Winicocha project which is located in Cusro department of Southern Peru. Grupo recently acquired a 100% interest in Winicocha from Centromin, a State-owned company responsible for vending some of Peru's most select mineral projects including the massive $2.3 billion Antamina copper-zinc mine. The Antamina mine is owned by BHP Billiton, Noranda Inc., Teck Cominco Limited, and Mitsubishi Materials Corporation.
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Great chart again Jm! :-) I like this one! With the way Gold is going to the moon lately, and with this puppy on the ground floor AND the projects it's in.. in my opinion, ADGD is a very promising stock !!
-------------------- "As long as there are dreamers, there are dreams that will come true."
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
eResearch Issues Update Report on Andresmin Gold Corporation
TORONTO, Dec. 22, 2005 (Canada NewsWire via COMTEX) -- eResearch analysts, Stephen Mussart, B.A. (Economics), MBA, and Bob Weir, B.Comm., CFA have written an Update Report on Andresmin Gold Corporation. (OTCBB: ADGD). Andresmin is a mineral exploration company focused on exploration and development in Peru. In the Report, the Analysts remark that, "The critical factor currently facing Andresmin is that cash resources are dwindling, and it is imperative that the Company secure sufficient financing to cover operating needs and fund on-going exploration efforts."
The Analysts go on to say that, assuming a "... successful capital raise and with any drilling success at the Winicocha copper-gold-molybdenum project, there is significant upside potential from current price levels."
eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our focus is on identifying interesting, under-valued, under-covered, and over-looked companies that have interesting prospects, sound management, and significant potential for share price appreciation. We provide the investment community with a consistent, quality source of information and analysis, which has the potential of reaching up to 6 million global investors through our distribution networks. Clients include institutional and retail investors, investment dealers, limited market dealers, and corporations. eResearch does not trade in the securities of the companies it covers, nor does it accept any stock related compensation for research services. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered.
Andresmin Gold Corporation paid eResearch a fee of C$7,500 to conduct research on the Company.
SOURCE: eResearch
SOURCE: Andresmin Gold Corporation
CONTACT: Andresmin Gold Corporation, Dean de Largie, President, Tel. 1-888-689-1620 (toll free), E-mail: dean*andresmin.com, Website: www.andresmin.com; eResearch: Bob Weir, CFA, Director of Research, Tel. (416) 643-7643, email: bweir*eresearch.ca, Website: www.eresearch.ca
Copyright (C) 2005 CNW Group. All rights reserved.
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KEYWORD: Ontario INDUSTRY KEYWORD: FIN
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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never under-estimate the power of the whaaaaaaaat?! lol ..see that nice triangle she come out of ;0) jeeeeeeez Who Knew??....We Did. (now the RSI entering the 'Power-House' 70 zone!)
-------------------- siggy: 'the poorest way to help the poor is to be poor' / jmichael1974 (yahoo)
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