So far it looks like we have at least one million ounces in two of the eleven gold bearing zones. This gives an in ground gold value of $435,000,000 so far. It will cost between $25,000,000 and $35,000,000 for a processing plant. A conservative cash cost per ounce to treat is around $135. That to my workings gives a resource / share value at $1.40 per share. The company has some very big hitters on the board. For more info click the link.
IMHO.. Andean has a very good chance of being the best performing stock going into 2005.
PS...I hold 1.8 million shares
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