AOX: Schon in 2011 in Produktion! Re-Start in 2011 !!!!!! - 500 Beiträge pro Seite

[dosco12]

http://finance.yahoo.com/news/Andover-Receives-Production-iw…



Press Release Source: Andover Ventures Inc. On Wednesday January 26, 2011, 9:00 am EST
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 01/26/11) - Andover Ventures Inc. (TSX-V:AOX - News)(OTC.BB:AOVTF - News)(Frankfurt:R2X - News) ("Andover" or the "Company") COO, Mr. Larry Segerstrom, wishes to announce that the Company has received a final report completed by Mr. Alastair H. Summers, B.A. Sc., P. Eng., P. Geol, on the Trixie Gold Mine Complex, owned by Chief Consolidated Mining Co. ("Chief") in the East Tintic District of Utah (Chief is 78.1% controlled by Andover). The report recommends restarting production of the Trixie Mine.

The study focused on rehabilitating the Trixie Mine and utilizing the associated Burgin Mill for production in 2011.

The Company is currently working to hire mine and mill managers to expeditiously move the Trixie back into production this year. Initial production is contemplated from material stockpiled on surface while the Company simultaneously rehabilitates the Trixie Mine for future underground production.

About Andover:

Andover Ventures is a precious and base metal exploration and development company, headquartered in Vancouver, British Columbia, Canada. Andover Ventures holdings are located in the historic East Tintic Mining District, Utah, USA, and the polymetallic rich Ambler Mining District, located in Alaska, USA.

ON BEHALF OF THE BOARD

Gordon Blankstein, CEO and Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:



Contacts:
Andover Ventures Inc.
Richard Martens
Investor Relations
1-604-682-2168 or Int'l Toll Free: 1-800-266-4484
www.andoverventures.com

[dosco12]

gutes volumen (über 600k) heute bei steigenden kursen (auf 0,73 von 0,67).

da kommt news und gute käufer sind beim akkumulieren...

bin sehr bullisch für 2011 und trixi/burgin sowie kennecots (rio tintos) untersuchungen.

gruß,
dosco

[Coke_Zero]

Antwort auf Beitrag Nr.: 40.998.319 von dosco12 am 07.02.11 22:08:31

Ein Newsletter in Amerika hat am W-end auf den Stock aufmerksam gemacht und traut diesem eine aussergewöhnliche Performance zu in 2011.

[dosco12]

hörte nur, dass ein neues interview von mr. b gibt.

hast du den link zum dem letter ?

gruß,
dosco

[dosco12]

http://stockreads.com/Stock-Newsletter.aspx


Put Andover Ventures On Your Radar!

FutureMoneyTrends.com is pleased to announce Andover Ventures (TSX-V: AOX & OTC: AOVTF) as our top mining play for 2011. Currently trading for 65 cents, we believe AOVTF will be one of our most successful stock suggestions this year. AOVTF is a precious metals exploration and development company with high-grade, world class projects located in the Polymetalic rich Ambler Mining District of Alaska and the Tintic Mining District of Utah. AOVTFhas our highest level of confidence and we have spent the last few months following them. We even had the opportunity to personally meet with Gordon Blankstein, the Chairman and CEO, while doing our due diligence on AOVTF.

In our opinion, when it comes to the right entry point, this is it! Barchart.com gives AOVTF a buy signal with a resistance level of $0.67 which we believe AOVTF will take out this week! Barchart.com AOVFT owns 78.1% of Chief Consolidated Mining, a century-old company holding 16,000 acres in the prolific Tintic Mining district of Utah, where 250M ounces of silver, 2.3M ounces of gold, 250M pounds of copper, and 2.2B pounds of lead have been historically produced. In 2002, the last time the Trixie Mine was in production, it processed 7,808 tons of ore and produced around 4,460 ounces of gold. On Wednesday, January 26, 2011, AOVTF announced that they had received a final report that recommends restarting the production of the Trixie Mine this year! The study focused on rehabilitating the Trixie Mine and utilizing the associated Burgin Mill for production in 2011.

AOVTF is already seeking to hire mine and mill managers in order to expedite putting the Trixie Mine back into production in 2011. This is HUGE! There is no other way to describe it. The Pre-NI 43-101 reserves were estimated at just over 17,000 ounces of gold and 102,000 ounces of silver. The mill infrastructure is in great condition and AOVTF believes it can have it re-commissioned for around $200,000. AOVTF expects to have approximately 25 million ounces of silver in an initial 43-101 report for their Burgin extension property, the second project they expect to return to production (after Trixie).

Their 100% owned SUN property in northern Alaska has over 17,980 acres of mining claims in the Ambler Mining District. The AOVTF deposit is the second largest in the district with a historical pre-feasibility study indicating 48.1M ounces of silver, 776M pounds of copper, 479.8M pounds of lead, and 1.8B pounds of zinc.

Why FutureMoneyTrends.com believes AOVTF has enormous upside potential for 2011.

* Equipment and lands valued greater than market capitalization * Bonded-permitted and near term production from high grade precious metal deposits * Trixie Mine is set to begin production this year * Burgin and SUN have an estimated $7 BILLION in metal in the ground.

* Gold and silver prices are expected to make new highs this year * AOVTF is not well known today, but in our opinion, that is about to end very soon.

We will be releasing an interview with the AOVTF CEO, Gordon Blankstein, Sunday morning before the Super Bowl.

Please take the time to research AOVTF this weekend, the break out potential for this company, in our opinion, is imminent.

FutureMoneyTrends.com Focus on the trends and share the wealth, forward our emails to friends and family.



Read more: http://stockreads.com/Stock-Newsletter.aspx?id=41049#ixzz1DN…

[dosco12]

http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=1…

Andover Ventures CEO, Gordon Blankstein, provides audio interview
Tuesday , 08 Feb 2011 FutureMoneyTrends.com just posted an interview of Gordon Blankstein the Chairman and CEO of Andover Ventures. While listening to this 10 minute interview, please note how honest this man is, even as he points out the highlights of his career he also talks about the mistakes that have helped him become a better CEO. When discussing price per share of AOVTF, he simply pointed out the assets of AOVTF and let us know that he would be surprised if AOVTF didn't see a 300-400% price increase this year, if not more. Gordon Blankstein also has skin in the game. Out of the 92 million shares outstanding, his family and company directors own 42 million shares. Their belief level is obviously 100% in our opinion.
The interview also covers AOVTF's joint venture with Rio Tinto (RIO) who currently is trading for $73.14 a share.
To listen to our interview please click here. To view our full profile of AOVTF please click here.

[Rainbowfu]

Antwort auf Beitrag Nr.: 41.002.189 von dosco12 am 08.02.11 14:44:19

Blankstein sieht 400% Potential, ich auch, aber der Kurs und das Volumen brauchen nen Anschieber

[dosco12]

da gibt es dieses jahr mal mindestens zwei davon...

- trixie geht dieses jahr in produktion und wird für gold-cashflow sorgen

- kennecott wird ergebnisse zeigen und wir werden glotzaugen bekommen. alles noch vorergebnisse, aber da ist was richtig grosses im boden. keine peanuts!
das weis auch rio tinto und die werden nicht warten, bis der kurs 1000% gemacht hat. hoffe eigentlich, dass es kein übernahmeversuch geben wird. sind insider in grossem umfang drinnen, die nicht für ein taschengeld verkaufen werden.

und mr b. hat schon einige gute deals gemacht wie er sagte...

[TimLuca [KommA]]

Hallo,

scheint ein interessanter Wert zu sein!!

Gruß
TimLuca

[dosco12]

http://www.irw-press.com/dokumente/CaesarsReport.pdf

[misterhamster]

Antwort auf Beitrag Nr.: 41.088.863 von dosco12 am 23.02.11 08:17:30

Neuer interessanter Artikel zu Andover bei http://www.cashbulls.net:

Aussichtsreicher Rohstoffexplorer wird Produzent
Noch kann man das kanadische Unternehmen Andover Ventures (Frankfurt:R2X; WKN: A0KE0H) „nur“ einen Explorer von Rohstoffen nennen. Doch spätestens seit einer Studie aus dem Januar ist klar, dass dieser Begriff bald falsch sein wird. Darin haben nämlich Experten empfohlen, eine lukrative Mine des Unternehmens im US-Bundesstaat Utah wieder in Betrieb zu nehmen. So wird dann aus dem Erkunder von Rohstofflagern rasch ein Produzent von Gold, Silber und Kupfer. Starke Partner unterstützen die Arbeiten. Die Produktion soll bereits im Sommer anlaufen.

Klicken Sie hier und lesen Sie den gesamten Bericht in der aktuellen Ausgabe vom CashBulls Report.

Oder melden Sie sich jetzt kostenlos zum Börseninformationsdienst CashBulls an unter: http://cashbulls.net/Subscribe/.

kam heute per mail. versuche den gesamtreport hier ebenfalls reinzustellen...

[dosco12]

hier ist was im busch... immer diese netten pakete die in brd gekauft werden.
alles noch kleinkram, aber nicht unbedingt kleinstaktionäre.
gruss in die schweiz ?

[dosco12]

neue homepage in der mache

http://www.andoverventures.com/

[dosco12]

http://www.andoverventures.com/_resources/AndoverVentures_Pr…

[dosco12]

http://www.andoverventures.com/_resources/news/nr_2011_03_11…

GENERAL MANAGER HIRED FOR EAST TINTIC
MINING DISTRICT, UTAH
March 11, 2011, Vancouver, B.C. - Andover Ventures Inc. (“Andover” or the
“Company”) (AOX-TSX: V) (AOVTF-United States) (R2X-Frankfurt Exchange)
is pleased to announce that Chief Consolidated Mining Co. (“Chief”) (78.53% controlled
by Andover) has hired Michael R. Carter as General Manager for Chief’s East Tintic
District mining properties in Utah, USA.
Mr. Carter has the responsibility of hiring and managing all staff required to put the
Trixie Gold/ Silver Mine into production as well as the development of the district’s other
assets including the Burgin Extension Deposit amongst others. Mr. Carter will report to
COO Larry Segerstrom.
Mr. Carter has extensive industry experience with many mining companies since his
graduation, with a B.S.Geology from the University of Idaho. He is a past Director of the
Nevada Mining Association and the South Dakota Mining Association. During the last 40
years his management positions have included the following;
1. Capital Gold Inc. - Contract Consultant (Gold – Open Pit 7500 tpd)
2. Alamos Gold Inc. – General Manager/ Project Manager Malatos (Gold – Open Pit
10,000 tpd)
3. Geomaque Exploration Ltd. - Vice President Operations (Gold – Open Pit)
4. Coeur d’Alene Mines – Mine Manager (Gold/ Silver – Open Pit)
5. Occidental Minerals Corporation – Project Manager (Gold/ Silver – Open Pit)
Larry Segerstrom, the Company’s COO, comments, “after an extensive search for a
General Manager for our operations in the East Tintic Mining District we’re extremely
pleased to have hired someone with such extensive experience as Mike Carter to manage
our projects. People like Mike will be key to our success.”
Andover has granted to Michael R. Carter, 150,000 shares of stock options exercisable at
80 cents per share for a period of 5 years. These options vest over a 4 year period with.
25% vesting each year on the anniversary date of the stock option agreement.

[dosco12]

heute ggf. letzte chance günstig einzusteigen, weil
- gestern zum schluss noch ein letzter trade tiefer ins minus ging
- seit tagen relativ stabil mit groesseren orders zu bessern kursen in der handelsmitte
- gold, silber und kupfer sehr stark gehen und sich nicht nur halten sondern wieder momentum nach obene erzeugen
- es empfhelungen zum kauf gab und man einfach zu einer kaufentscheidung kommen muss, wenn man sich anschaut was die vorhaben, erreicht haben und welche riesige substanz vorliegt (goldporduzent noch in diesem jahr und ein monster property, dass von kennecott -rio tinto- für bis zu 20 mio vorangetrieben wird).
- ein manager mit passender erfahrung für trixy und burgin gefunden wurde!

ich lauere heute nochmal auf einen letzten zukauf...

würde mich über meinungen zu den liegenschaften/projekt freuen!

gruß,
dosco

[kiska]

Zitat von dosco12: heute ggf. letzte chance günstig einzusteigen, weil
- gestern zum schluss noch ein letzter trade tiefer ins minus ging
- seit tagen relativ stabil mit groesseren orders zu bessern kursen in der handelsmitte
- gold, silber und kupfer sehr stark gehen und sich nicht nur halten sondern wieder momentum nach obene erzeugen
- es empfhelungen zum kauf gab und man einfach zu einer kaufentscheidung kommen muss, wenn man sich anschaut was die vorhaben, erreicht haben und welche riesige substanz vorliegt (goldporduzent noch in diesem jahr und ein monster property, dass von kennecott -rio tinto- für bis zu 20 mio vorangetrieben wird).
- ein manager mit passender erfahrung für trixy und burgin gefunden wurde!

ich lauere heute nochmal auf einen letzten zukauf...
würde mich über meinungen zu den liegenschaften/projekt freuen!

gruß,
dosco

http://stockcharts.com/h-sc/ui?s=AOX.V&p=W&yr=3&mn=0&dy=0&id…

Ich hoffe, Du liegst richtig mit den Zukäufen.

Gruß

kiska

[dosco12]

genug gedümpelt... heute wirds was... kupfer, silber und gold sehen zu gut aus...

[dosco12]

schon komisch... wenig volumen und mal wieder der letzte trade der es ins minus zieht.

erst mal auf den ersten blick nicht rational...
aber so ist das, wird erst stabiler, wenn die produzieren. bis dahin halt doch wichtiger, dass die ganz grundlegende sachen belegen koennen...

aber dann kommts richtig durch...
dennoch, da hatte ich mir doch was freundlicheres heute erwartet drüben.
meine die haben 25 mio unzen silber... allein dafür dürfte man bei 37 usd fürs AG mal wenigsten im plus bleiben...

:-)

erklären, was man nicht erklären kann... so ist das eben ....

[VaBene]

Bin auch seit ca. 6 Monaten investiert. Im Moment scheint etwas Konsolidierung angesagt zu sein. Weiß jemand mehr, von wem der Verkaufsdruck kommt und warum diese seltsamen Trading-Muster bestehen?

[VaBene]

Antwort auf Beitrag Nr.: 41.256.418 von dosco12 am 23.03.11 21:29:49

Mir wurde mitgeteilt, dass wegen der Ausführung von Warrants in letzter Zeit Verkaufsdruck aufkam. Das sollte aber nicht mehr allzu lange anhalten. Ich denke die Verschnaufspause zwischen 0,70 und 0,80 CAD tut der stark gestiegenen Aktie recht gut und hoffentlich kann diese Range bald nach oben verlassen werden...

[dosco12]

news out...
kennecott reports ... chief...

[dosco12]

http://finance.yahoo.com/news/Andover-Ventures-Inc-iw-350141…

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 04/07/11) - Andover Ventures Inc. ("Andover" or the "Company") (TSX-V:AOX - News)(OTC.BB:AOVTF - News)(Frankfurt:R2X - News) announces today that Kennecott Exploration Company, a division of Rio Tinto, has notified Chief Consolidated Mining Company ("Chief") (78.5% controlled by Andover) that it has budget approval for its 2011 work program at the Big Hill project area. The 2011 work program will include drilling.

Kennecott also presented to Chief a report titled, "Summary of Exploration Activities, Big Hill Property, East Tintic Mining District, Utah". This report outlines Kennecott's 2010 exploration activities which included geophysical surveys, surface sampling, mapping and historic data compilation. During Q4 of 2010 Kennecott Exploration (KEX) spent a total of $600,258.00 in exploration activities over the Big Hill project area.

[Fantomas96]

Lesezeichen :-)

[brueckenschieber]

Quelle: http://www.cashbulls.net

Die Aktien von Andover Ventures, Edge Resources
und Orex Minerals befinden sich derzeit in
Seitwärtsbewegungen. Bei Andover sind
Unterstützungsmarken bei 0,65/0,69 CAD vorhanden,
während charttechnische Hürden im Bereich zwischen
0,77 CAD und 0,84 CAD existieren. Die Gesellschaft hat
am Mittwoch Details für ein Bohrprogramm bekannt
gegeben, das auf dem Sun-Metallprojekt Bohrungen
von insgesamt 2.000 Metern vorsieht.

Firma: Andover Ventures
Börsenplatz: Toronto
ISIN: CA0343881086
Symbol: AOX.V
Aktueller Kurs: 0,72 CAD ( 06.04.2011 )
Website: www.andoverventures.com

[dosco12]

Andovers "SUN" Deposit

Attention Andover shareholders and interested investors,

Below is an article from NORTH OF 60 MINING NEWS that was published the week of January 23rd, 2011. The article was brought to our attention yesterday from a fellow shareholder which contains excellent information about the Ambler Mining District, where Andovers "SUN" Deposit is located, and additionally provides information regarding the road initiative that is now underway in Alaska. As I'm sure you all can imagine, there's been a lot of momentum on the road initiative since January.

Mining News: Renewed focus on mineral-rich Ambler

While juniors explore the rich VMS deposits in the district, Alaska engineers study road access to remote northwest region

Shane Lasley

Mining News


The Ambler Mining District, a mineral-rich region of Northwest Alaska, is getting renewed attention in 2011. While two exploration companies expand their copper-rich volcanogenic massive sulfide projects during the upcoming season, State of Alaska engineers will work on penciling in a potential road to the area.

NovaGold Resources Inc. is creating a new company to explore its 36,670-hectare, or 90,614-acre Ambler property and Andover Ventures Inc. plans to return to its Sun property with a drill program in 2011.

“Like many Alaska projects, one of the key development issues at Ambler is infrastructure. Alaska is large and remote, and there is not a lot of established infrastructure, and big projects require road access and power,” NovaGold explains on its website.

Building infrastructure to access Alaska’s natural resources is a priority for Alaska Gov. Sean Parnell and a road to the Ambler district is high on his to-do list.

“Another roads-to-resources goal is to complete environmental permitting, public process, and ultimately access the Ambler Mining District and its rich mineral deposits within five years. The Legislature and I joined forces on this piece with US$4 million during the 2010 session, and I’ve included US$1.25 million more in this proposed budget,” Parnell said while rolling out his Fiscal Year 2012 budget to the Anchorage Chamber of Commerce in December.



NovaMetals IPO

NovaGold President Rick Van Nieuwenhuyse told investors at the Dahlman Rose Emerging Miners CEO Conference Jan. 11 that his company is currently in the process of putting together an initial public offering for a new company that will carry on the exploration and advancement of the Ambler project.
“We will probably be calling the company NovaMetals and spinning this asset out, with NovaGold retaining the majority of the shares,” he said.

NovaGold has held a 51 percent interest in the Ambler project since 2004 and in January 2010 cut a deal with Rio Tinto subsidiary Kennecott Exploration Co. to gain sole ownership of the 45-mile-, or 72-kilometer-long-, belt of VMS prospects.

Arctic, the crown jewel of NovaGold’s Ambler property, contains an indicated resource of 16.8 million metric tons containing 4.1 percent copper, 6 percent zinc, 0.83 grams-per-metric-ton gold, 59.6 g/t silver and 0.94 percent lead. The estimate includes an additional inferred resource of 11.9M with an average of 3.6 percent copper, 5 percent zinc, 0.67 g/t gold, 48.4 g/t silver, and 0.8 percent lead.

“The Arctic deposit ranks among the largest and richest known VMS deposits in the world, based on both total contained metal and value per metric ton. And considerable opportunity exists to identify similar deposits in the region,” Van Nieuwenhuyse said.

In 2010 NovaGold focused on conducting the environmental baseline, engineering and metallurgical studies needed complete a prefeasibility study to assess Ambler’s economics. The company also evaluated the possibility of establishing some 10 miles of road that would link the property to the Bornite area, where a camp and a 5,000-foot airstrip is already established. As part of this study, the company conducted geotechnical drilling in and around the ore-body and along the proposed route.

In 2011 the company plans to resume resource drilling as well as launch a prefeasibility study, likely to be completed in 2012.

NovaGold Resources Inc. President and CEO Rick Van Nieuwenhuyse told an audience at the Arctic International Mining Symposium in Fairbanks in March that if the Ambler region had road access, there is no question that a mine would be operating at the Arctic deposit.



Return to Sun

After a three-year hiatus, Andover Ventures plans to return to its 17,980-acre Sun silver-copper-zinc-lead-gold project with a drill program in 2011.
Located east of NovaGold’s Ambler Project, Sun was explored by Anaconda Copper Mining Company, Cominco Inc., and Noranda Inc. during the 1970s and 1980s

A historical (non-NI 43-101-compliant) resource calculated for Anaconda in 1977 estimates the Sun project has an underground resource of 17.89M tons averaging 73.72 g/t silver, 1.91 percent copper, 4.46 percent zinc and 1.18 percent lead. Additionally, the project has 2.4M tons of ore amenable to open-pit mining averaging 74.34 g/t silver, 1.93 percent copper, 4.51 percent zinc and 1.2 percent lead.

In 2007, Andover drilled 20 holes to confirm results from historic drilling done on the Main Sun deposit. The results from this program will be included in an updated resource calculation currently underway.

The junior said its 2011 program will test a region known as SW Sun as well as extending the Main Sun deposit toward Picnic Creek about 750 meters northeast of Sun.

Andover’s 2007 program included a 300-meter extension of the Main Sun deposit toward the Picnic Creek area, a region about 750 meters further northeast intersected by historic drilling. The junior said it plans to continue to drill in this direction in 2011. A region known as SW Sun will be another target of this year’s drilling.



State studies road

Utilizing the US$4 million appropriated in Alaska’s 2011 budget, State of Alaska Department of Transportation & Public Facilities is studying potential transportation corridors connecting the Ambler Mining District to Alaska’s contiguous infrastructure.
Though an exact route has yet to be determined, it would likely take off from the Dalton Highway about 200 miles, or 320 kilometers, north of Fairbanks and head west along the southern slopes of the Brooks Range.

An earlier state-commissioned study of a road to Nome considered a similar corridor, dubbed the Northern Route, which would have passed about 50 miles, or 80 kilometers, south of the Arctic deposit.

The state says it will consider both road and rail options as well as other infrastructure including power and communications as it completes the study.

The corridor scoping portion of the study is expected to cost between US$2 million and US$3.5 million and be complete in September with a report on the findings due out in December.


Richard Martens
Investor Relations
Andover Ventures Inc. (AOX-TSX.V)
Suite 890-999 West Hastings St.
Vancouver, BC V6C-2W6
Toll Free - 1.800.266.4484
Local - 604.682.2168
Fax# - 604.682.2169
[e-mail]
www.andoverventures.com

This e-mail may contain privileged and confidential material and its transmission is not a waiver of that privilege. It is intended for the sole use of the person to whom it is addressed. Any copying, disclosure, distribution or reliance on this material by anyone other than the intended recipient is strictly prohibited. We assume no responsibility to persons other than the intended recipient. If you have received this transmission in error, please notify the sender immediately and destroy any hard copies you may have printed and remove all copies of the e-mail from your hard drive.



Thank you.

[VaBene]

Neues Radiointerview mit Gordon kann man sich hier anhören:
http://futuremoneytrends.com/aovtf.html

Zudem wurde ein Update auf derselben Seite veröffentlicht:


Update 04/23/11

Since our first mention of AOVTF, they have now hired a mine manager to bring their Trixie Mine into production, begun work on their SUN property, and advanced their joint venture with Rio Tinto. Rio Tinto has recently approved a budget for a 2011 work program at the Big Hill project. Rio Tinto has already spent $600,000 doing geophysical surveys, surface sampling, and mapping in 2010 Q4.



*** We also want to make note of that after we originally profiled AOVTF and then waited 30 days as per our company policy, our Chief Precious Metals strategist purchased on the open market 15,750 shares of AOVTF. We have placed a self imposed hold on these shares for the rest of 2011. AOVTF has our highest confidence, we may purchase more in the future (as soon as Monday). If we do, we will fully disclose it to our members.

[TimLuca [KommA]]

Andover Ventures startete nach langer Winterpause das SUN Projekt in Alaska[/b]

http://www.wallstreet-online.de/nachricht/3177169-rohstoffe-…

[dosco12]

Travel Dispatch: Tintic Mining District Tour ‐ June 30, 2011

Andover Ventures ‐ One Company, Five Potential Near‐Term Catalysts

(TSX‐V: AOX & OTC: AOVTF)

I was privileged to tour Andover Ventures’ Tintic district property, just 70 miles South of Salt Lake City, Utah. Many seasoned investors do not realize Utah is one of the most prolific mining states in America, home to the continent’s largest open pit mine (Bingham Canyon, photo below) and a rich mining history dating back to the 1800s.

Andover’s dynamic CEO, Gordon Blankstein, an international businessman with a history of successful acquisitions and divestitures, acquired the Tintic District in 2008, essentially out of bankruptcy. His specialty is buying assets cheaply, thriftily improving their value, and selling them at higher prices. In this case, I believe the ultimate sale price could be many multiples of the $24 million paid to acquire the Company’s vast asset base.

The 16,000 acre property, controlled via 78% ownership of Chief Consolidated Mining Company, represents the third largest land holding in all of Utah, and last saw production in 2002 via its Trixie gold and silver mine.

Trixie and its sister mine, Burgin, were two of 23 former underground mines in this world class district, which has cumulatively produced 2.3 million ounces of gold, 250 million ounces of silver, 250 million pounds of copper, 350 million pounds of zinc, and 2.2 billion pounds of lead over the last century, all from ore bodies above the water table due to a lack of mine technology that has since been developed.

Major mine workings were visible all over the property, including giant mine shafts, tailings piles, and remnants of historic mining towns such as Dividend, Utah. The central town of Eureka is itself a relic, home to the Tintic Mining Museum, a 100‐year old jailhouse, and the restored log cabin of Porter Rockwell, former bodyguard of the legendary Brigham Young.

The Trixie gold and silver mine is fully permitted and bonded, with a modern 250 ton per day mill scheduled to recommence operations later this year, targeting 2012 production of roughly 10,000 ounces of gold and 500,000 ounces of silver.

Eventually, at a projected incremental cost of just $2 million, mill capacity will be doubled, enabling Andover to reenter the properties’ myriad underground mine drifts.

When the mill is upgraded to 500 tpd capacity, operating costs are expected to average around $700/oz. of gold, but will be closer to $100‐$300/oz prior to upgrade as 60,000‐70,000 tons of previously mined ore is available to feed the mill at essentially zero variable cost. Given that the mine will initially be operating at 250 tons per day, one can calculate the mine life of these tailings to be close to a year, or longer if Andover uses a portion of its capacity for lucrative custom milling activities, aka “toll milling” for other precious and base metal operators.

Trixie last produced in 2002, when the aforementioned 250 tpd mill achieved roughly 80% capacity. Just under 8,000 tons of ore were milled in its final six months of operation, producing high grade gold averaging 22 grams/ton at a processing cost of just $89/ton. However, the operation was abruptly shuttered following the imposition of a $60 million fine by the Environmental Protection Agency (EPA) for supposed damages to Eureka from mining operations in the late 1800s.

Touring the mill was eerie, as it was obvious that the previous operators, Chief Consolidated Mines, had left town the second the fines were imposed, leaving ore on the belts and tails ponds full of near‐finished product (which will be reprocessed to provide nearly zero‐cost gold and silver production). Moreover, Chief had just upgraded the facility in 2001, leaving a modern, fully furnished mill with the ability to easily double capacity.

The EPA fine, clearly related more to political than economic motives, provided Mr. Blankstein with the opportunity to acquire a world‐class scale property at a fire sale price, which is exactly what he did in 2008 when his investor group purchased the 78% stake in Chief (which owns 100% of the Tintic District) for just $13 million, as well as assumption of the $60 million EPA‐imposed fine. In the ensuing two years, he diligently negotiated with the EPA until he reached a coup of a settlement in June 2010, mandating just five annual payments of $225,000. This settlement led to the stock finally receiving a modicum of valuation for the Company’s vast underlying assets, as well as a potentially game‐changing joint venture with mining major Rio Tinto/Kennecott (RTK), to be discussed later.

The Burgin Extension is the second leg of Andover’s “tripod” of active Utah assets, yet represents just one of the five known mineralization zones in the Burgin Complex. Burgin, which was a significant producer in the 1970s and 80s (by RTK and others), had an NI 43‐101 compliant resource report completed last week by Mine Development Associates (MDA), to the tune of approximately 40 million silver equivalent ounces (45% silver, 5% gold, and 50% lead/zinc).

The deposit remains open on‐strike and down dip, so obviously Burgin has a lot of blue sky exploration potential. Moreover, Andover is in possession of additional data from tens of thousands of meters of RTK drilling programs from that period, indicating the presence of significantly larger ore bodies than those represented in the 43‐101 report. This pre 43‐101 data cannot be used for official resource calculations, but will be prominently utilized in developing a long‐term mine plan.

Unlike Trixie, which will be returned to production this year at minimal cost, Burgin will require the construction of a new mill, at an initially estimated cost of roughly $60 million (although it is possible production can be accommodated by simply upgrading the Trixie Mill). A Preliminary Economic Assessment (PEA) on the Burgin Extension will be completed this fall by MDA, which should yield verification of positive Project economics. Early projections are that the mine life of these 40 million silver equivalent ounces will be roughly eight years, although nothing can be concretely concluded until the PEA is completed. Irrespective, dividing 40 million ounces by eight years yields an annual production profile of five million silver equivalent ounces, attesting to the potential size of the operation, just utilizing the initial 43‐101 resources.

Aside from Burgin and Trixie, the Tintic district has added “lottery ticket” potential, in that the Tintic’s Big Hill area possesses similar geology to the gigantic Bingham Canyon porphyry mine just 40 miles away, drawing mining major RTK into an active JV exploration program with Andover.

Bingham Canyon, operated by RTK, is one of the world’s largest open pit mines, and the only one visible from space. Operating since 1906, it covers 1,900 acres, is nearly a mile deep, and generates 25% of annual U.S. copper production, 23% of its molybdenum, 10% of its silver, and 7% of its gold. Viewing it from Highway 15 was truly a treat, as one can observe decades of production tailings from miles away, covering the equivalent of a mountainside.

Immediately following the EPA settlement in mid‐2010, Andover signed a joint venture agreement with RTK, which was obviously keen to explore Big Hill for another Bingham Canyon type porphyry deposit. As noted above, the Big Hill has similar geology to Bingham Canyon, and even possesses a giant lithocap, or hill that has been pushed out of the ground by underground water flows.

Lithocaps often signify the presence of porphyry deposits, and consequently RTK signed an Earn‐In agreement to earn up to 55% of Big Hill. It is rare to see a Major make such a lucrative JV agreement with a junior, in this case requiring RTK to fund all expenses to the Feasibility stage to earn the 55% ownership stake. However, given that Bingham Canyon is one of the world’s largest porphyry mines, and that RTK is not only its operator, but a former operator of the Trixie and Burgin mines (and thus very familiar with the area), it was obviously an exploration opportunity they could not pass up.

From a shareholder perspective, Andover’s capital structure is extremely favorable, in that Gordon Blankstein, his brother and partner Rob, and other family members cumulatively own 34% of the shares (not from share or option awards, but $16 million of actual cash invested), while other management and board members own an additional 10%. Moreover, as unprocessed ore holding roughly 3,000 ounces of gold was stockpiled at the Trixie Mill when operations ceased in 2002, Andover has the option to execute a forward sale at a roughly 15% discount to the spot price, which at current prices equates to roughly $4.0 million of proceeds.

If this “gold loan” is executed (in lieu of alternative financing strategies), and thus the funds advanced to Andover, they will have six months to commence production and 18 to repay the lender with these ounces. However, as this gold is already sitting at the mill, and thus ready to be processed (photo above), it should be produced very rapidly.

In other words, such funds would not only prevent share dilution, but enable the Company to rapidly advance the Burgin Complex, as well as its Sun polymetallic deposit in Alaska, toward stages of development more likely to generate the interest of potential acquirers.

Notably, Andover does not intend to produce any of its assets other than Trixie, as it aims to be acquired in the coming years by a larger entity interested in either the Burgin Complex (due to its high grade silver/lead/zinc), the Big Hill (RTK, if it discovers a major porphyry deposit), or the aforementioned Sun polymetallic deposit in Alaska, currently ranked as one of the largest undeveloped VMS (Volcanogenic Massive Sulfide) deposits in the world.

Normally, I’d summarize a mine report by focusing on the potential impact of the visited property’s operations on the company’s valuation. However, in Andover’s case I am instead highlighting the myriad of potential 2011‐12 catalysts that could propel the stock materially higher, as from my standpoint I see up to FIVE such factors:

1. Completion of the Burgin Extension Preliminary Economic Assessment – Anticipated in the fall, the Burgin PEA will complete the 2011 workscope of Mine Development Associates, which last week published a 43‐101 report estimating that the Burgin Extension, one of five known mineralized silver/lead/zinc zones in the Burgin Complex, holds resources totaling roughly 40 million silver equivalent ounces. The PEA is expected to demonstrate the economic viability of building a new mill on the property (or perhaps just expanding the Trixie Mill), which would likely increased the perceived valuation of the property.

2. Commencement of production at the Trixie Mine – As noted earlier, Trixie’s initial production mix is still uncertain (surface ore vs. toll milling), but irrespective total capex is projected to be just $2‐$4 million. The most conservative assumption appears to be operational start‐up around year‐end at an annualized rate of roughly 10,000 ounces of gold and 500,000 ounces of silver, and an operating cost of just $100‐$300 per gold equivalent ounce prior to the aforementioned capacity increase.

3. A significant porphyry discovery at Big Hill by RTK – Such an occurrence can best be viewed as a “lottery ticket”, but it is very rare for a major such as RTK to put these kind of resources into blue sky exploration. RTK intends to drill three major, 5,000’+ holes this summer, seeking a similar deposit to the world‐class Bingham Canyon open pit mine just 40 miles away, which they have been operating for the past century.

4. Completion of the initial Sun 43‐101 resource report in Alaska – As mentioned above, Andover’s Sun deposit has been recognized as one of the largest undeveloped VMS deposits in the world, in the district recognized as the largest undeveloped VMS district in the world. An historical (pre‐ 43‐101) Prefeasibility Study undertaken by Anaconda in 1980 calculated resources equating to more than 200 million silver equivalent ounces (45% copper, 25% zinc, 24% silver, 6% lead), and a 2,500 meter drill program is currently underway, to be utilized in publishing an initial NI 43‐101 compliant resource later this year.

5. Improved clarity regarding development of the Ambler VMS district in Alaska – The Sun deposit is located in the Ambler Mining district of Northwestern Alaska, an area which, cumulatively, is recognized as the largest undeveloped VMS district in the world. The State of Alaska is compiling proposals to build a road from Ambler to a seaport, a rail junction, or the Dempster Highway, any of which would materially add to the perceived valuation of Sun. Moreover, mid‐tier miner Novagold (NYSE‐AMEX: NG) is close to announcing the spinoff of its Arctic VMS deposit in the Ambler district into a new IPO, to be called NovaCopper. The deal, expected to be led by a syndicate of American and Canadian investment banks, would represent one of the most high profile mining IPOs in years, and likely instantaneously change investor perception about Sun’s potential market value.

To conclude, few junior miners on my radar screen have this many potential near‐term catalysts, and still fewer with such a large personal investment from its principals. Andover Ventures has been built to be sold in the next 12‐24 months at significantly higher prices, and looks ready to start revealing its hidden values imminently.



Andy Hoffman ("Ranting Andy")



San Diego Torrey Hills Capital

[e-mail]

[shepart]

http://www.marketwatch.com/story/andover-completes-2011-dril…

[dosco12]

ANDOVER VENTURES ANNOUNCES SEDAR FILING OF RESOURCE ESTIMATE FOR BURGIN EXTENSION DEPOSIT, EAST TINTIC MINING DISTRICT, UTAH, USA

August 8th, 2011, Vancouver, B.C. - Andover Ventures Inc. (“Andover”) (AOX-TSX: V) (AOVTF-United States) (R2X-Frankfurt Exchange) announces today that it has completed SEDAR Filing of the National Instrument 43-101 technical report Resource Estimate for the Burgin Extension Deposit (see Andover’s news release dated June 22nd, 2011) owned by Chief Consolidated Mining Company, (approximately 78.5% owned by Andover). The technical report is available at www.sedar.com and also on the corporate web site, www.andoverventures.com



Qualified Person

The new Mineral Resource Estimate was completed by Paul Tietz, Senior Geologist at MDA, an independent Qualified Person as defined by National Instrument 43-101.



About Andover:

Andover Ventures is a precious and base metal exploration and development company, headquartered in Vancouver, British Columbia, Canada. Andover Ventures’ holdings are located in the historic East Tintic Mining District, Utah, USA, and the polymetallic-rich Ambler Mining District, Alaska, USA.



For further information we invite you to visit us at www.andoverventures.com



ON BEHALF OF THE BOARD

Signed “Gordon Blankstein”

CEO and Chairman



CONTACT INFORMATION:

Investor Relations:

Richard Martens

Telephone: [phone]

Int'l Toll Free: 1-800-266-4484

Suite 890-999 West Hastings St

Vancouver, BC V6C-2W6

[dosco12]

news out: sun deposit drilling

http://finance.yahoo.com/news/Andover-Announces-Assay-iw-632…


Press Release Source: Andover Ventures Inc. On Friday August 12, 2011, 9:00 am
VANCOUVER, BRITISH COLUMBIA--(Marketwire -08/12/11)- Andover Ventures Inc. ("Andover" or the "Company") (TSX-V: AOX.V - News)(OTC.BB: AOVTF.PK - News)(Frankfurt: R2X.F - News) is pleased to announce the assay results from three (3) exploration drill holes from the 2011 drilling program drilled into the S.W. Sun target, located in the Ambler Mining District, Northwest, Alaska. All three drill holes encountered volcanogenic massive sulfide mineralization ("VMS") and have intersected the S.W. Sun over a strike length of approximately 0.5 kilometers. This new target is open down-dip and to the southwest. Drill holes Sun11-25, Sun11-26 and Sun11-27 were completed in June and July, 2011 at depths of 242.9, 285.9 and 214.3 meters, respectively. Assay results from drill holes Sun11-23A and Sun11-24 were reported in a previous news release. (See Andover's news release dated July 27th, 2011.)

The 2011 drill core was split on site by Company staff and sent for assay to ALS Minerals located in Vancouver, British Columbia, Canada. The core was analyzed for a 30 element ICP-AA analysis with gold and silver fire assayed with an AA finish. Base metal over limits were wet assayed. Blanks and standards were inserted with each sample shipment.

The assay results from selected intercepts from drill holes Sun11-25 and Sun11-26 are shown in the following table:



---------------------------------------------------------------------------
True
From To Interval Thickness
Drill Hole (m) (m) (m) (m) Cu % Pb % Zn % Ag g/T Au g/T
---------------------------------------------------------------------------
Sun11-25 155.00 159.00 4.00 3.86 1.13 1.27 4.88 46.3 0.229
---------------------------------------------------------------------------
Sun11-25 174.00 180.00 6.00 5.64 0.67 0.06 0.26 4.7 0.117
---------------------------------------------------------------------------
Sun11-26 228.00 237.30 9.30 7.12 0.41 1.57 4.79 164.2 0.248
---------------------------------------------------------------------------
Including 232.85 237.30 4.45 3.41 0.48 2.18 5.11 304.6 0.395
---------------------------------------------------------------------------

Drill holes Sun11-25 and Sun11-26 were drilled from the same platform at angles of -60 degrees and -82 degrees, respectively. The two holes succeeded in extending the known volcanogenic massive sulfide (VMS) mineralization for 300 meters toward the southwest at the S.W. Sun target area. VMS mineralization at S.W. Sun now extends for at least 500 meters along strike. In addition the favorable "white schist" package of rocks have been mapped for 9.5 km to the west of the currently known S.W. Sun target. This area of "white schist" is untested by drilling.

Drill hole Sun11-27 was also drilled in the S.W. Sun target approximately 500 meters northeast of holes Sun11-25 and Sun11-26 to confirm historic drill results and to test the down dip extension of the S.W. Sun. Assay results from selected intercepts from Sun11-27 are tabulated below:



---------------------------------------------------------------------------
True
From To Interval Thickness
Drill Hole (m) (m) (m) (m) Cu % Pb % Zn % Ag g/T Au g/T
---------------------------------------------------------------------------
Sun11-27 159.00 164.00 5.00 3.58 2.10 0.35 1.23 231.1 0.619
---------------------------------------------------------------------------
Including 159.00 160.60 1.60 1.15 6.08 1.08 3.81 692.9 1.792
---------------------------------------------------------------------------
Sun11-27 210.00 210.50 0.50 0.36 8.10 1.08 4.57 43.2 0.049
---------------------------------------------------------------------------

Bradley C. Peek, Andover's General Manager for the Sun Project states, "We are very pleased with the results of the 2011 drilling. We were successful in proving the S.W. Sun to be another exciting new VMS target for future exploration. The higher silver values we are now seeing at S.W. Sun are very encouraging."

Larry Segerstrom, Andover's Chief Operating Officer stated, "We are very pleased with these results from the S.W. Sun exploratory program. We look forward to the 2012 drill program where we will continue to step out and test this deposit down-dip and to the southwest where it is open on strike."

With the completion of the 2011 drill program, 76 holes (approximately 49,000 feet) have been drilled on the property. Andover drilled 27 of these holes; the others were done by previous operators, including Anaconda, Noranda, Sunshine Mining Company, Cominco and Bear Creek Mining Company.

The above news release has been reviewed by Bradley C. Peek, Certified Professional Geologist (AIPG CPG-11299) and General Manager for the Sun Project for Andover Ventures. Mr. Peek is a National Instruments 43-101 Qualified Person and is responsible for the technical aspects of this press release.

About Andover:

Andover Ventures is a precious and base metal exploration and development company, headquartered in Vancouver, British Columbia, Canada. Andover Ventures' holdings are located in the historic East Tintic Mining District, Utah, USA, and the polymetallic-rich Ambler Mining District, Alaska, USA.

For further information we invite you to visit us at www.andoverventures.com

ON BEHALF OF THE BOARD

Gordon Blankstein, CEO and Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:



Contacts:
Andover Ventures Inc.
Richard Martens
Investor Relations
1-604-682-2168 or Int'l Toll Free: 1-800-266-4484
www.andoverventures.com
Follow Yahoo! Finance on Twitter; become a fan on Facebook.

[brocklesnar]

hallo,
ein RT-Chart aus Can wäre super

danke

[dosco12]

http://de.advfn.com/p.php?pid=staticchart&s=TX^aox&p=0&t=24&…

[Fantomas96]

[dosco12]

24.08.2011 interview:

http://www.redchip.com/visibility/conferencePages/virtualcon…

[dosco12]

denkt mal drüber nach !!!!



http://silvergoldsilver.blogspot.com/2011/08/ceos-of-silver-…

Monday, August 29, 2011


CEO's of Silver Miners saying, "We will squeeze you like lemons"
It seems that our belief that we are getting rammed raw dawg/no lube from powers that are just unknown in the silver arena are starting to be noticed from interesting people, perhaps everyday CEO's, that just want to mine some metal right?
I alerted my readers last week that a company called SilverCorp has just figured out they are being fucked in more ways than one, but mainly from ass-pirates or short sellers if you will. I quote, "The Company is purchasing its own shares because it believes that prevailing market conditions have resulted in Silvercorp's shares being undervalued relative to the immediate and long term value of Silvercorp's portfolio of producing and development properties in China and Canada. The Company notes that the short interest position in its common shares has climbed from 3.6 million as of July 29, 2011 settlement date to 9.6 million as of August 15, 2011 settlement date, the most recent date for which short interest data is known by the Company. Under the existing NCIB the Company intends to acquire up to 10 million common shares. All common shares purchased under the NCIB will be cancelled. "
Now why would short sellers want to short this stock when silver bullion prices are very strong and while gold was going parabolic? Huummmmm maybe there is something wrong with the company? Nope. Everything has checked out just perfectly fucking fine especially when these motherfuckers have figured out how to mine silver as a byproduct for free. HUmmmmm...Click here for SVM...
Then I stumbled on today's news, in which another, normal, non-tinfoil-zerohedge-silverbugcrazy company- namely that of the entire Pan American Silver Corporation have said the EXACT SAME THING. I quote, "Pan American is undertaking the Bid because, in the opinion of its board of directors, the market price of its common shares, from time to time, may not fully reflect the underlying value of its mining operations, properties and future growth prospects. The Company believes that in such circumstances, the outstanding common shares represent an appealing investment for Pan American since a portion of the Company's excess cash generated on an annual basis can be invested for an attractive risk adjusted return on capital through the Bid." Click here for PAAS...
HUmmmmm....
I'm no fucking Einstein, but it looks like the large Silver Miners are about to cut out the Short Selling manipulating homotrons, in a very very short period of time. This is very encouraging to silver longs as it represents a non-conspiratory side to the argument. Take all us cooks out, and you are still left with the CEO's of the corporations yelling, "You want to play that game? Fine. We will eat up all the shares until we squeeze you slapdicks like fresh juicy lemons"
The writing is on the wall folks, its only a matter of time before this manipulated paper game comes to a screeching fucking halt. And when it does whether it be tomorrow or 10 years from now, you better be ready.
Still working on the new site. Ready very soon.
Oh I almost forgot, Looking for a NR from Tinka 2nd week September. Shhhhhhhhhhh. Drills have been turning up some goodies I hear.
Posted by silvergoldsilver at 9:35 PM

[dosco12]

aox

month 12,00
ounces 3.000,00
m*o 36.000,00
au price 1.850,00

income 66.600.000,00

cost/ounce 500,00

profit b.tax 48.600.000,00


meine rechnung

[Kursziel1000]

Interessante Aussichten hier!

[dosco12]

http://www.investmentpitch.com/media/1075/Andover_Ventures_I…

[dosco12]

was im busch?