Australian (ASX) Stock Market Forum

AND - Andean Resources

Re: AND

I am looking for information on Andean resources.
Can anyone help me out?
What sort of information are you looking for?
 
Re: AND

I was trying to see if anyone knew when the drilling results are to be made public. I saw a posting on another site that said it could be released soon.
 
Re: AND

I was trying to see if anyone knew when the drilling results are to be made public. I saw a posting on another site that said it could be released soon.
Don't know too much about AND but you've piqued my interest.

Might go take a look at it.

Hope someone else can help you out with some info.
 
Re: AND

Looks like it is getting ready for a run. 7 cent resistance has been crushed. Next resistance is at 12 cents.
 
Re: AND

hi all,

i'm new in this forum and hence would like some advices/inputs in relation to this stock (AND) from anyone who knows anything about it.

the company is gonna raise another 5.5mils in capital through equity to fund its exploration project in Cerro Negro. it's something along the line of 2 for 13 non-renounceable entiltlements at 15.5 cents per share. what does that all mean and does it has any impact on the current share price sitting at around 0.2 or so?

http://www.andean.com.au/images/andean-28--uochi.pdf

anyone care to enlighten me here? :confused:

cheers!
 
Nice breakout above recent highs with a 20% increase today (don't ask me why - I haven't bothered to find out :D).

This could keep going higher, but since I'm trying to sell down before my holiday to Japan in a few weeks, and because I won't be able to access the market at all tomorrow (all day meetings <groan>), I sold out this afternoon.

Cheers,
GP
 

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I thought I would raise a couple of points on this stock and see if anyone has similar opinions to myself.

The company will respond to the t/o offer formally this week, which is obviously going to be now way....but what might be interesting is, if the company puts a price on what they think it is worth.

Another interesting point is that the CBA has become a shareholder after the t/o offer was released and they have increased their holding from 5 to 7.5%.
This 7.5% has been brought at a price of 38-42. I think this gives the company some real credit.

And on friday at the end of trade the 600,000 shares that have been sitting at 42c(s/p high) for three weeks were snapped up at 3.54pm on a day of high volume.

My opinion is that this company is starting to get some attention from the big boys and with drilling results coming back positive every time and the posibility that there is some other comany about to throw in a bid it is going to be an interesting week or so ahead....not to mention the nice jump in gold on friday night.

I'm interested to hear if anyone has any info to throw into the ring??????

I've held this stock for some time and have increased my holdings a few times on the way up.
 
Test results released today for Andean. The market seemed to like them. Has anyone had a chance to evaluate?

They have also announced that they are extending the share purchase plan by a week so the market can digest the results.

Strong close on good volume so there should be some steam left in this for a while yet IMO.
 
can't believe some of you guys were monitoring this stock from a few years ago, would have been sitting on a nice profit if anyone held it for that long.

and back to 95c, gone into some other small caps. was watching this stock few months ago, at 70c wen fin review had article on this one. not sureif i'm willing to go in at these levels even though they have pulled at a bit,
seems to be forming support at the 95 c mark though.

anyone holding this stock?
 
anyone holding this stock?

I bought lots at 33c, 40c and 57c. Sitting on a very healthy margin.

With the impending (September) update of the existing JORC compliant resource at Vein Zone, and various other activities, I hope this run will continue.

Further, relative to other junior resource stocks, AND seemed very resilient during last weeks correction. This gives me further encouragement in the underlying strength of this stock.
 
This is one stock that has been on the rise but a market cap of >$350m????? :eek: Am I missing something here? 840,000oz Au resource inferred so far with a re-estimate to come any moment. I agree that this is exciting, but when I saw their market cap I nearly swallowed my tongue! Who's buying this, and why?????? :confused:
 
AND is looking interesting at the moment. It has largely followed the fortunes of many oil companies such as AED and now has reached an important juncture. Will this play out as a potential double top. I doubt it, but this weeks candle is undeniably weak. However it occured on minimal volume. I favor much higher upside for this stock. I scaled in at $0.94 then $1.03 and will look to purchase some more if it can break into new highs. Note the decline in August corresponded to exactly the 50% retarcement level from the August 06 lows to the peak in June.
 

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Is anyone still following AND, no recent posts the charts show it just continuing to head up and up ?
 
AND continuing to push ahead..

I notice one of the major shareholders pick up some more recently ..

Date Shareholder Previous % New % Shares Traded
01-11-07 Sentient Executive GP1 Limited 15.54 19.73 23,685,023
 
Big gold deposits in the Andys and nobody following this company.. Do people dislike Argentina ???

I think every thing about AND looks good.. I am jumping on this horse ..
 
Big gold deposits in the Andys and nobody following this company.. Do people dislike Argentina ???

I think every thing about AND looks good.. I am jumping on this horse ..

This one has been in my radar for about a month now. Haven't had a chance to have a good look at it yet. Money magazine recommended buying it at 19 cents!

I've got it on my to do list :(
 
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