GREY:NWSKF - Post by User
Comment by
yungcashon Oct 26, 2011 12:18pm
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Post# 19182935
RE: RE: RE: Completely agree!
RE: RE: RE: Completely agree!That was a very good response and I have rated it accordingly. Thank you. Also, a lot of the value of Andean was attributed not to the ounces that had been confirmed, but to the insight Goldcorp had on Cerro Negro (the ounces they were yet to discover). When you think about that in the context of NES, the potential discovery is huge - further drilling in AP, and the highly prospective Aurea Norte/Aurea Sur properties - so why wouldn't someone pay top dollar? Furthermore, it's topical that I mention NES in Mexico vs. Andean's Cerro Negro in Argentina, as Argentina has just today announced all foreign corporations funds must remain in Argentina to stop the capital outflows and devaluation of the peso (look at what's happened to Argentinian explorers - MVN, BOE, XG). You won't see that kind of political risk in Mexico!