Watch this stock closely
http://imagesignal.comsec.com.au/asxdata/20101029/pdf/01115207.pdf
Main points to take note of :
1. Kitongo Gold project in Tanzania(100% owned) is a COMPANY MAKER with gold on a bull uptrend to over $2000
2. Challenger Mines sale will give cash boost
3. Mount Adrah gold float - watch this space
4. Miclere Project tenements
5. Massive Buyers vs very little sellers
How time flies - more than 3 years since company first listed, but back then we didn't have the current directors that have started to deliver results - CHECK OUT WHO WARREN GILMOUR (Chairman) and GEOFFREY GILMOUR (main director) are - also please check to see how many shares they have personally invested in the company - nothing better than putting their money where their mouth is.
Do a Google search of Warren Gilmour and cross refernce Andean Resources - I rest my case !
http://www.bourseinvestor.com/bi4/pdfnews/default.asp?d=01002065&f=20091023
http://us-cdn.creamermedia.co.za/assets/articles/attachments/08598_tasman.pdf
Main points from this article (although 3 years old) is that in PNG they have good neighbours in Xstrata and Barrick (near to EL1444).
This stock is ridiculously cheap at 16 cents - it listed at 25 cents - time is ripe to surpass that even, and go to the 30s !
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kitongo is a company maker
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