medusa v andean

Had this on the wrong thread earlier.
On 11/06 The Australian Criterion column featured Andean Resources AND. AND have recently announced a resource upgrade to 3M ozs of which 1.4M ozs is from the Eureka West vein. AND is halfway through a BFS and hopes to eventually mine 225-250K ozs/annum at operating cost of US$150/oz once the silver credits are included. They need to raise 180million dolars and intend to start mine sometime in 2011. AND at 2.oo has mkt cap of about $720million.
In round figures the mkt cap and indicated resource is double that of MML. Main diffrence is the high silver content at AND which makes mining gold about $50/oz cheaper than MML.
BUT there is a slight difference. MML is producing at 60K/yr and 100k by february. Operation costs will drop to 200/oz. MML is debt free and expansion is effectively paid for.
So is AND worth 2x MML's value? i can't see why. AND needs to raise big bucks and first gold pour is 2 years away... assuming everything goes right.
Meanwhile, MML is hopeful of doubling its gold resource to about 2.5M ozs... only 15% less than that of AND. Plus it's not easy to get an underground mine high in the Andes going from scratch. MML has its infrastructure in place and produces gold 360 days of the year. AND could be a big winner for long termers. But right now i'm playing safe and betting MML is the better value buy.... both short and medium term. def DYOR.