Andean nun mit neuem Namen ! - 500 Beiträge pro Seite

[chicco1989]

So nun geht der Zug endlich ich die richtige Richtung und keiner will darüber schreiben ??? Nun eine/r muss ja der erste sein !!

schönen Sonntag !!!! Bon dia !!

[Datteljongleur]

Antwort auf Beitrag Nr.: 40.255.402 von chicco1989 am 03.10.10 12:50:20

[lyta [VIP]]

Antwort auf Beitrag Nr.: 40.255.402 von chicco1989 am 03.10.10 12:50:20

WO fährt da WELCHER zug hin ????????????

irgendwie kommt deine botschaft NICHT an

[marionella25]

Antwort auf Beitrag Nr.: 40.255.448 von Datteljongleur am 03.10.10 13:04:33

Servus, schön das einer mal einen Thread eröffnet hat!
Chattechnisch sieht es ja mit dem SK vom Freitag (0,95 CAD) recht gut aus.
Der Kampf hat ja auch lange genug gedauert, also auf zu alten Höhen.
Schönen Sonntag

[lyta [VIP]]

Antwort auf Beitrag Nr.: 40.255.792 von marionella25 am 03.10.10 15:30:11

wäre nett , wenn einer was zu der aktie zu sagen hätte .. ich meine , ich bin immer auf der suche nach lohneden invests .. doch wenn cih einen thread lese in dem NIX absolut nix!!! zum papier selber drin steht ......

[visas]

Antwort auf Beitrag Nr.: 40.255.893 von lyta am 03.10.10 16:44:17

Meinst Du sowas ähnliches?

http://www.wallstreet-online.de/diskussion/1160255-1-10/aner…

Gruß Visas

[marionella25]

Antwort auf Beitrag Nr.: 40.255.893 von lyta am 03.10.10 16:44:17

Der Chart sagt ALLES!
Steigst du überall ein, nur weil irgendeiner einen Thread eröffnet und dann ein paar Zeilen über den jeweiligen Wert schreibt?
Wir leben im Internetzeitalter wo sich jeder in kürzester Zeit sämtliche Infos über einen Wert beschaffen kann!
So jetzt morgen noch mal den 1 CAD hinter uns lassen, dann sieht es wirlich hübsch aus.

[chicco1989]

Antwort auf Beitrag Nr.: 40.255.790 von lyta am 03.10.10 15:29:53

Das kommt halt immer auf den Einstiegskurs an, wir haben hier schon andere Zeiten hinter uns !

[Makalu8000]

is schon komisch, dass bei einer Neueröffnung eines Threads immer wieder die gleichen Leute auftauchen...

[marionella25]

Antwort auf Beitrag Nr.: 40.280.058 von Makalu8000 am 07.10.10 10:33:18

Bist du quasi auch einer von denen? Sonst wüsstest du es ja nicht!

[Makalu8000]

Antwort auf Beitrag Nr.: 40.280.484 von marionella25 am 07.10.10 11:28:44

Naja, zwischen neuem Thread lesen und überall seinen meist sinnlosen Senf dazu geben besteht meines Erachtens schon ein Unterschied.. ;-)

[marionella25]

Antwort auf Beitrag Nr.: 40.280.865 von Makalu8000 am 07.10.10 13:13:48

Zum Glück bin ich bereits investiert bevor ich meinen sinnlosen Senf dazugebe.

[Makalu8000]

Antwort auf Beitrag Nr.: 40.281.319 von marionella25 am 07.10.10 13:57:49

Ich habe ja nicht gesagt das Du sinnlosen Senf dazu gibst!

Bin übrigens auch schon länger dabei.

[marionella25]

Schade, Schade da hab ich mir heute aber einen anderen SK erhofft!
Naja Volumen hat gepasst, 1 CAD hat gehalten, morgen ist ja auch noch ein Tag.

[marionella25]

Da geht heute was, jetzt schon 220 000 gehandelte Stücke. Die Tage zuvor waren ja auch nicht schlecht (Volumentechnisch).
Mein Tipp für SK 1,12 CAD

[boersensoldat]

Undervalued Near Term Prodcuer

Andean American Gold (AAG)

http://westernrookie.blogspot.com/2010/10/undervalued-near-t…

bs

[Makalu8000]

Nun könnte auch mal wieder eine kleine Bewegung im Kurs kommen..

[boersensoldat]

Andean American arranges $15.03-million bought deal

2010-10-22 13:47 ET - News Release

Mr. David Rae reports

ANDEAN AMERICAN ANNOUNCES CDN$15 MILLION BOUGHT DEAL FINANCING; FUNDS TO BE USED PRIMARILY FOR ADVANCING ANDEAN'S GOLD-SILVER-COPPER PROJECT IN PERU

Andean American Gold Corp. has entered into an agreement with a syndicate of underwriters, led by Haywood Securities Inc. and including Octagon Capital Corp., pursuant to which the underwriters have agreed to purchase, on a bought-deal basis, 16.7 million common shares of the company at a price of 90 cents per common share, for gross proceeds of $15.03-million. In addition, the company will grant the underwriters an overallotment option, exercisable up to 24 hours prior to the closing of the underwritten offering, to purchase up to an additional 5.5 million common shares at 90 cents to raise additional gross proceeds of up to $4.95-million.

The company intends to use the proceeds primarily for advancing its Invicta gold project in Peru, as well as for general corporate purposes.

The offering is scheduled to close on or about Nov. 12, 2010, and is subject to certain conditions, including but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.

"The majority of the funds raised through this bought deal will be used to advance our Invicta project, a gold, silver and copper project. As mentioned in the [Stockwatch] press release of Oct. 12, 2010, the company has retained SRK to upgrade the feasibility study completed in July this year and anticipates completion in second quarter 2011. Negotiations with the local communities are advancing, and orders for long-lead items have already been placed. We are focused on bringing this project into production as soon as possible so that the company and its shareholders can benefit from the strong demand for our commodities," said David Rae, president of Andean American Gold Corp.

The common shares issued in connection with this offering will be subject to a four-month hold period from the closing date, as prescribed by the TSX Venture Exchange and applicable Canadian securities laws.

For further information, please visit the company's website.

.....und das Beste, alles ohne Warrants!!!!

bs

[Makalu8000]

hmm, so langsam könnt edie gute aber mal wieder in die Gänge kommen. Die meisten Explorrerwerte knallen in letzter Zeit durch die Decke und Andean lahmt da ein bisschen hinterher..

[MONSIEURCB]

Neuer CEO:

http://finance.yahoo.com/news/Andean-American-Announces-ccn-…

[Makalu8000]

still geworden hier. Was´n los?

[Makalu8000]

sagt mal, seid Ihr alle aus Andean wieder raus?
Läuft ja seit Mitte November eher bescheiden, um es vorsichtig auszudrücken.
Die meisten Explorer haben in den letzten Wochen einen ordentlichen Schub hingelegt und hier gehts mal wieder runter.



Kommentare? Meinungen? Ansichten?

[mickee]

Antwort auf Beitrag Nr.: 40.673.800 von Makalu8000 am 08.12.10 16:40:59

Ich glaube hier sind zur Zeit die Trader am Zug, da es nicht viel Neues gibt einige warten wahrscheinlich auf die endgültige Finanzierung, andere sind möglicherweise zu vermeintlich interessanteren Werten weitergezogen

[Makalu8000]

verdammter Mist, ich hätte wenigstens auf eine schwarze null gehofft, aber das kann ich ja wohl zum Jahresende knicken. Diese elende Andean.... tse tse tse das nervt...

[Makalu8000]

ich könnte echt nur noch heulen, wenn ich auf diesen Dreckswert schaue. Hier geht der "Rohstoffboom" komplett dran vorbei. Und die einzige Bewegung, die die Aktie kennt ist nach unten. arghhhh

[Makalu8000]

joh, läuft ja super... man man man...

[boersensoldat]

Andean American Gold halted at 6:01 a.m. PT


........Sekt oder Selters.......

bs

[boersensoldat]

Andean American investor acquires 19.57 million shares

2011-02-01 18:32 ET - News Release

Mr. David Rae reports

ANDEAN AMERICAN RAISES OVER FIFTEEN MILLION DOLLARS; TRAFIGURA BEHEER'S WHOLLY-OWNED SUBSIDIARY, URION MINING, PURCHASES OVER 19.5 MILLION SHARES

Pursuant to an agreement with Trafigura Beheer BV as disclosed in Stockwatch on March 30, 2010, and which agreement was subsequently assigned to Trafigura's wholly owned subsidiary, Urion Mining International BV, on Sept. 30, 2010, Urion Mining has purchased 19,574,605 common shares of Andean American Gold Corp. at the agreed discounted market price of 77 cents per share, calculated using the closing share price of Andean's common shares on the TSX Venture Exchange on Jan. 28, 2011. The aggregate purchase price for the common shares was $15,072,445.85.

Andean American and Trafigura, a privately held international commodity trader, established a strategic relationship in March, 2010, which included Trafigura's initial equity investment of $3-million in the company and long-term off-take agreements for the sale of the Invicta project's copper, lead and zinc concentrates, as well as an agreement to acquire up to an additional 16 per cent of the company's common shares by way of private placement.

"We are very pleased with Trafigura's demonstrated ongoing confidence in the Invicta project and with the stability which this relationship provides for the company. The funds raised through this purchase will be used primarily to advance the Invicta project towards production and will position us well to expand the project through further exploration drilling once the land use agreements are finalized," said David Rae, president and chief executive officer of Andean American.

As at Jan. 31, 2011, Andean American had 122,341,287 common shares outstanding. Following the purchase of these 19,574,605 options, the company now has 141,915,892 common shares outstanding, of which Trafigura holds 27,574,605 shares, or 19.43 per cent. The issuance of the shares remains subject to a TSX Venture Exchange four-month hold.

About Trafigura Beheer BV

Trafigura is one of the world's leading international commodity traders, specializing in the oil, minerals and metals market, with 67 offices in 44 countries in Europe, Africa, Asia, Australia, and North, Central and South America. Its principal corporate offices are in Amsterdam, London and Lucerne. Trafigura's primary trading businesses are the supply and transport of crude oil, petroleum products, renewable energies, non-ferrous concentrates and refined metals. It is the world's second-largest independent non-ferrous trading company and the third-largest independent oil trader. Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in the last five years, increasing turnover from $18-billion (U.S.) in 2004 to $47-billion (U.S.) in 2009.

bs

[Makalu8000]

versteh ich das richtig, dass es zu noch weiterer Verwässerung kommt?

[mickee]

Antwort auf Beitrag Nr.: 40.973.441 von Makalu8000 am 03.02.11 09:56:47

ja, das war aber vorher schon klar bzw. vereinbart worden....ich sehe das aber eher positiv, dass sich so eine firma signifikant an andean beteiligt...machen die bestimmt nicht ohne es vorher genau kalkuliert bzw. abgewägt zu haben

[taipan11]

Andean American Renews Debt Arrangement Agreement With Barclays and WestLB

02/03/2011
Download this Press Release

TORONTO, ONTARIO--(Marketwire - Feb. 3, 2011) -

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES

Andean American Gold Corp. ("Andean American" or the "Company") (TSX VENTURE:AAG)(FRANKFURT:AQN) is pleased to announce that the agreement with Barclays Capital, the investment banking division of Barclays Bank PLC ("Barclays Capital") and WestLB AG, New York Branch ("WestLB"), as previously announced on February 17, 2010, has been renewed for a further period of 12 months until February 10, 2012. Barclays Capital and WestLB will act as the Joint Lead Arrangers for a senior debt financing (the "Facility") of up to US$68 million for the construction and start-up of production at the Company's wholly-owned poly-metallic Invicta Project in Peru.

The debt financing for the Invicta Project will be required by the Company once the community agreements have been finalized, the upgraded Feasibility Study has been completed and the construction permit has been received. Negotiations with the local communities are progressing well and the upgraded Feasibility Study is on track for completion in the second quarter of this year. Preparations for the permitting process and construction are well underway.

"We are making steady progress to bring the Invicta Project into production and, with the assurance of financing arrangements in place, we are in a position to advance the project with confidence. With many of the key components for a solid project well advanced, 2011 promises to be an exciting year for the Invicta Project," said David Rae, President and CEO of Andean American.

About Andean American

Andean American is an international mining and exploration company focused on value growth through the development of gold and copper projects in Peru and currently has two key assets: the 28,200 hectare Invicta gold-silver-copper advanced exploration stage project and 60% of Sinchao Metals Corp., owner of the Sinchao gold-silver-copper exploration project. In addition, the Company is actively targeting early stage gold and silver prospects in Peru.

For further information about Andean American, please visit the Company's website at www.aaggold.com or call [phone] or toll free: 1-888-356-4784.

On behalf of Andean American Gold Corp.,

David Rae, President and Chief Executive Officer

This news release may contain forward-looking information within the meaning of the Securities Act (Ontario) ("forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of gold and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Financial Statements, Management Discussion and Analysis and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

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.

FOR FURTHER INFORMATION PLEASE CONTACT:
Andean American Gold Corp.
David Rae
President and Chief Executive Officer
[phone]
[e-mail]
www.aaggold.com

Source: Andean American Gold Corp.

[taipan11]

Andean American Conducts Review of Properties Held by Its Subsidiary, Sinchao Metals

TORONTO, ONTARIO--(Marketwire - Feb. 7, 2011) - Andean American Gold Corp. ("Andean American" or the "Company") (TSX VENTURE:AAG - News; FRANKFURT:AQN - News) announces that, during a recent review of the properties held by Sinchao Metals Corp ("Sinchao"), in which Andean holds a 60% interest, it has become apparent that four of the property claims comprising the Sinchao Project, which were the subject of a title opinion rendered at the time of Sinchao's formation in 2006, were not properly registered by the former owner, a subsidiary of Andean American Gold Corp. As a result of this property review, Sinchao has determined that it does not have valid ownership of the properties in question and Sinchao is taking immediate steps to remedy the deficiencies in title, however, at this early stage there are no assurances that these steps will be successful.

In addition to the four properties mentioned above, Sinchao has also determined that six other properties believed to have been acquired at the time of the Company's formation had previously lapsed and thus are not held by Sinchao. These properties are not material to Sinchao's operations.

Since the middle of last year Andean American has assembled a new management team and restructured its Board of Directors. The review of the Sinchao assets was initiated this year by the new Board of Directors of Andean American and it was during this process that the discrepancies in certain of the property titles became apparent. Of the properties in question, only four of them have the potential to impact the current Sinchao Project and the management of Sinchao has already taken steps to correct the records of ownership of these properties.

"While the management and board of Andean American is concerned about the discrepancies in certain of the property titles held by Sinchao and will provide every support to Sinchao in its efforts to rapidly resolve this situation, Andean's primary focus remains our Invicta Project which is well funded and is progressing on track towards construction," said David Rae, President and CEO of Andean American.

About Andean American

Andean American is an international mining and exploration company focused on value growth through the development of gold and copper projects in Peru and currently has two key assets: the 28,200 hectare Invicta gold-silver-copper advanced exploration stage project and 60% of Sinchao Metals Corp., owner of the Sinchao gold-silver-copper exploration project. In addition, the Company is actively targeting early stage gold and silver prospects in Peru.

Follow Andean American Gold on:

Facebook: http://www.facebook.com/pages/Andean-American-Gold/158267910…

[taipan11]

Press Release Source: Andean American Gold Corp. On Tuesday February 15, 2011, 6:00 pm EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 15, 2011) - Andean American Gold Corp. ("Andean" or the "Company") (TSX VENTURE:AAG - News; FRANKFURT:AQN - News) reports that for the third quarter ended December 31, 2010, it incurred a net loss of $1,516,777 or $0.01 per share compared to a profit of $909,832 or $0.01 for the same period in 2009, which was due to a foreign exchange gain of $1,143,166. For the nine months ended December 31, 2010 the Company reports that it incurred a net loss of $3,486,880 or $0.03 per share compared to a profit of $539,179 or $0.01 per share for the same period in 2009. Andean ended the third quarter with cash on hand of $14,714,659 and a working capital surplus of $10,414,161.

About Andean American

Andean is an international mining and Exploration Company focused on value growth through the development of gold and copper projects in Peru and currently has two key assets: the 28,200 hectare Invicta gold-silver-copper advanced exploration stage project located in the Huaura Province in Peru, and 60.13% of Sinchao Metals Corp., owner of the Sinchao zinc-copper-silver-gold-lead exploration project. In addition, the Company is actively targeting early stage gold and silver prospects in Peru.

Company Highlights




-- On November 12, 2010, the Company completed a bought-deal private
placement resulting in the issuance of 18,169,000 common shares at a
purchase price of $0.90 per common share for aggregate gross proceeds to
Andean of $16,352,100 and net proceeds of $15,534,495 after paying a 5%
cash fee on the gross proceeds of the offering to the underwriters.
-- On February 3, 2011, the Company announces that the agreement with
Barclays Capital, the investment banking division of Barclays Bank PLC
("Barclays Capital") and WestLB AG, New York Branch ("WestLB"), as
previously announced on February 17, 2010, has been renewed for a
further period of 12 months until February 10, 2012. Barclays Capital
and WestLB will act as the Joint Lead Arrangers for a senior debt
financing (the "Facility") of up to US$68 million for the construction
and start-up of production at the Company's wholly-owned poly-metallic
Invicta Project in Peru.
-- On February 1, 2010, the cash position was further strengthened when the
Company announced that, pursuant to the Option Agreement signed with
Trafigura Beheer B.V. ("Trafigura") on March 31, 2010, and which
agreement was subsequently assigned to Trafigura's wholly-owned
subsidiary, Urion Mining International B.V. ("Urion") on September 30,
2010, Urion exercised its option to purchase 19,574,605 common shares of
the company by way of a private placement for proceeds of
$15,072,445.85.

Results of Operations




---------------------------------------------------------------------------
Three months Three months Nine months Nine months
ended December ended December ended December ended December
31 31 31 31
---------------------------------------------------------------------------
2010 2009 2010 2009
---------------------------------------------------------------------------
Sales of metals $- $26,233 $- $259,561
---------------------------------------------------------------------------
Royalty revenue $35,391 $- $98,757 $-
---------------------------------------------------------------------------
Income/(loss)
before income
tax ($1,516,777) $909,832 ($3,486,880) $539,179
---------------------------------------------------------------------------
Income/ (loss)
per share ($0.01) $0.01 ($0.03) $0.01
---------------------------------------------------------------------------
Total assets $65,589,292 $45,645,831
---------------------------------------------------------------------------
Working capital
surplus/
(deficit) $10,414,161 ($4,455,745)
---------------------------------------------------------------------------
Mineral
properties $48,769,081 $43,422,626
---------------------------------------------------------------------------
Share Capital:
---------------------------------------------------------------------------
Outstanding 142,365,892(1) 86,297,288
---------------------------------------------------------------------------
Warrants 5,614,368 5,234,645
---------------------------------------------------------------------------
Options 7,870,588 7,143,000
---------------------------------------------------------------------------

1. On February 1, 2011, 19,574,605 common shares were issued by way of a
private placement at $0.77 per common share.

Cash Flow and Liquidity

As at December 31, 2010 the Company had a working capital surplus of $10,414,161, compared to a working capital deficit of $4,455,745 at December 31, 2009. For the nine months ended December 31, 2010, Andean generated cash of $19,856,789 through proceeds from a private placement and the exercise of options and warrants. This was offset by cash used in operating activities of $2,782,248, cash used in investing activities of $3,955,713 and loans repaid in financing activities of $1,532,800. Most of the cash used in investing activities was used to advance the Invicta Project.

During the nine months ended December 31, 2010, the Company issued 27,445,594 common shares for cash proceeds of $20,794,352. Share issue costs totaled $949,585.

The information above should be reviewed in conjunction with the Company's unaudited consolidated financial statements, management discussion and analysis, for the three and nine months ended December 31, 2010 that will be available shortly on www.sedar.com.

[taipan11]

Andean American's Invicta Gold Project in Peru Progressing Well Towards Construction

03/01/2011
Download this Press Release

TORONTO, ONTARIO--(Marketwire - March 1, 2011) - Andean American Gold Corp. ("Andean American" or the "Company") (TSX VENTURE:AAG)(FRANKFURT:AQN) is pleased to report that its Invicta gold project, located in the mineral rich Western Pre-Cordillera of the Peruvian Andes, is progressing as planned with phase one of construction anticipated to begin in the third quarter of 2011.

"We have a strong management and operations team, supported by world-class engineering consultants, and they are confidently working through the key components required to successfully build a mine. Financing is in place, our relationships with the local communities are positive, engineering design and mine planning are advanced and we are on track to begin construction this year of one of the lowest cost gold mines in Peru. We are also planning a 20,000 metre exploration drilling program to run concurrently with mine development and this is aimed at extending the life of mine from five to 12 years," said David Rae, President and CEO of Andean American Gold.

COMMUNITY AGREEMENTS

The Company has made significant progress towards the completion of Surface Land Use agreements with the three primary communities surrounding the Invicta Project. The first of these agreements has been signed with the community of Santo Domingo de Apache. The Company anticipates that the second agreement will be signed during March 2011 and the final one by mid-year. Once the third and final agreement is completed, phase one construction of the site infrastructure will begin.

In addition, Andean American has completed a number of minor agreements for the use of the land required to build the infrastructure for the site and anticipates that the last of these agreements will be signed in March 2011.

The Company is contributing actively to environmental programs and socio-economic development in the surrounding communities. In the Santo Domingo de Apache community, Andean American and a big group of community members recently planted 30,000 pine trees on 38 hectares of land. The trees bring multiple benefits to the community including providing wood, acting as windbreaks and providing a good substrate for the cultivation of mushrooms as an additional source of revenue. Furthermore, in this community, two pilot programs will be launched in March for irrigation to support the cultivation of peaches and blueberries. Andean American has upgraded, and is maintaining, 12 km of canals providing water to the local communities and the Company is currently conducting a technical study for the irrigation of 220 hectares of agricultural land in the community of Sayan. The Company has hosted numerous educational visits to the project site for the local communities and is engaged in ongoing consultation.

FEASIBILITY STUDY

As announced on October 12, 2010, the Company has commissioned SRK Consulting (U.S.) Inc. ("SRK") to upgrade the Optimised Feasibility Study, which was filed in July 2010. SRK has confirmed that this upgraded study will be completed in June 2011.

MINERAL RESERVES AND RESOURCES

SRK is in the process of updating the resource and reserve estimate for Invicta and indications are that there are no material changes to the NI 43-101 compliant resource and reserve disclosure filed on December 10, 2009.

MINE PLANNING

Certain improvements have been made in the mine plan. Additional geotechnical studies have been completed and SRK is upgrading the design on the Atanea, Pucamina, Dany and Zone 4 measured and indicated resources to feasibility level.

The improved understanding of maximum stable stope sizes has resulted in a simplification of mining practices withlongholestoping as the predominant extraction method. Cut and fill extraction is limited to those ground areas where faulting or low slopes make it necessary. Open pit and shrinkage mining are no longer included in the planning.

Current indications are that the mining methods and orebody geometry will support a total production rate of between 4,000 and 4,500 tonnes per day of ore from the combined mining areas. The ore production rate will be finalized when the design is complete and detailed scheduling commences.The plant design remains at a 5,000 tonnes per day capacity to allow for the anticipated increase in tonnage which the Company expects will result from the planned drilling program to expand the Invicta resource.

METALLURGY

SGS Laboratories in Vancouver, Canada, and Resource Development Inc. of Denver, Colorado, have conducted studies on the two principal ore types to be mined at Invicta. Studies of abrasion, work indexes, settling rates and filtration have resulted in a simplified, conventional mineral processing flowsheet. The gravimetric separation and zinc recovery equipment havebeen removed from the scope for construction, which will simplify operation considerably. Space will be left in the design for the subsequent installation of zinc recovery equipment should it become economically favourable in the future.

ENGINEERING DESIGN AND INFRASTRUCTURE FOR CONSTRUCTION

To facilitate rapid progress towards production, the Company has retained DRA Americas Inc. to complete the engineering design to a level commensurate with the upgraded Feasibility Study. Their initial priority has been to complete the early works, or phase one, engineering in readiness for construction. This first phase includes roadways, power and water provision to the site and is a necessary precursor to the subsequent mine and metallurgical plant construction.The Company has already purchased certain long lead items such as the rod mill, overhead crane and filtration equipment. Construction will begin as soon as the remaining community agreements are signed. The project is being structured on an Engineering, Procurement, and Construction Management (EPCM) basis and DRA have been awarded the early works contract.DRA Americas Inc. is a subsidiary of a South African based project engineering company with international operations, a staff of over 800 people, and a growing presence in the mining industry in South America.

PERMITTING PROCESS

The Company is preparing the application for the beneficiation permit which will be submitted once all the community agreements are signed. Environmental baseline studies are in progress and the mine closure permit was filed on December 28, 2010, in accordance with the Environmental Impact Assessment. Assuming the community agreements are completed in mid-year, the Company expects to receive the beneficiationand mining permits late in the last quarter of this year, granting the Company the approval to build and operate the mine and metallurgical sites.

FINANCING

Andean American is well funded for pre-construction activities. Importantly, the Company has commitments for a Project Debt Finance Facility of US$68 million in place with Barclays Capital and West LB.

NEXT STEPS AND GROWTH POTENTIAL

Once the remaining community agreements are signed, the Company will submit the application for the beneficiation permit, early works will commence and major equipment will be staged. The time lines for the development of the mine at Invicta are dependent on successful completion of each previous phase and will be clearer once the upgraded Feasibility Study and Independent Technical Engineering Report is received in mid-2011.

Concurrent with mine development, Andean American plans to conduct a 20,000 metre drilling program to expand the resource and life of mine at Invicta. It is anticipated that this drilling program will commence in the third quarter of 2011.

[iZock]

Gibts hier etwa Leute die mit AAG nicht im Plus liegen?

[Makalu8000]

ja, mich zum Beispiel. Bin einfach soo lange dabei, da standen die Kurse mal anders. Bin immernoch rot. Leider, oder besser wieder. waren ja mal schon zweistellig im Plus. Pech!

[Makalu8000]

Ich war jetzt fast eineienhalb Monate unterwegs und was muss ich sehen, als ich mir andean anschaute? oh jeminee - was ist denn hier passiert? Kann mir das jemand erklären?

[Makalu8000]

Diese Bude ist und bleibt ein Schuss ins Knie!

[kl_hase]

sollte hier nicht 2012 die produktion starten????

[kl_hase]

Antwort auf Beitrag Nr.: 43.291.264 von kl_hase am 16.06.12 21:22:48

ist hier noch wer investiert?