Andover Mining Corp. V.AOX

Why is the stock heading to 50 cents again?

[jeffsfield]

Why is the stock heading to 50 cents again? This is so frustrating

[dosco]

someone sold.:-)someone bought...I am again buying anyway...

[dosco]

by the way,copper 9000gold 1700silver 40so still all parameters more than worth a totally differenet market cap. a multiple of the current...I still think the market look after the trixi. if the management is not able to reopen this, a very easy job in comparision develop a new one, then trust and cash flow will come in.it is just still amazing that kennecott invest up 20 million (AOX marekt cap

[vabene]

It might me frustrating but it is certainly a great chance to buy very cheap...

[dosco]

asked for a fair share price rob said:3-6% of in situ.so if they get the n-43 in place it woul dbe above 8 billionthis means: 240-640 million market cap ...I think the current share price even doe snot reflect the trixi production.what would be if they just can get up to 3000 ounces a month (see the presentation at the website / historic production).this will happen:  month12,00ounces3

[dosco]

and to point out, we will see lots of news this yeartrixie cashflow in 2011!!! just within the next 4 month!drills results from kennecott, with the cance to indicate a monstrous open pit potential as rio tintos mine "nearby".very exciting month for AOX ahead!

[MrLaw]

I doubt it they'll reach 3000oz/month. Targeting 15-20kozpa at Trixie would already be an achievement.

[dosco]

20k ounces a yearor 1700 a month would mean 24,5 million profit before taxmonth12,00ounces1.700,00m*o20.400,00au price1.700,00income34.680.000,00cost/ounce500,00=> profit b.tax24.480.000,00  market value 50 million, where just one project valued 20 million for 51% for mennecott...strane valuation of this firm. shoul dbe a multiple of current cap...anyway, time will tell

[yellowjack]

So here we go talking Trixie again. To bad the company never talks about Trixie.