Andover Mining Corp. V.AOX

buying opportunity or losing opportunity?

[rragg]

WOW!!!

I think we are about to get some answers and they won't be what we want to hear.  Someone is dumping and dropping the SP for reason.  How many shares does 2.5 mil purchase at $0.025?  So Enirgi, which properties DO you want?  What will us shareholders be left with?  I fear management blundered on this one and shareholders are going to get hurt because of it.

This would be an excellent buying opportunity if I had faith in management to pull this one out.  They are out of cash, no financing and in a lawsuit.  And unfortunately because of the climate in the industry none of the big guys are buying the juniors no matter what resources.  It's all dog eat dog and I think Andover is about to get eaten.

Wish I had more faith so I could buy at this level but it is priced here for a reason and it's not good.  Us little investors have no information unlike the major share holders who know exactly what is going on.  Don't think they aren't talking to each other.

It's too bad, if this were managed differently a few years ago (getting some production going instead exploring grazing ground in Alaska) I think this would be a different story now.

[dosco]

I also wish trixie would producing cashflow already. instead of everything else. whats up with ophir now? kennecott still drilling for the 20 million to get 54pc of one project... dont know if they just pay lousy 5mio to have aox surviving with just a 2pc nsr or so just in case... I am stunned... 3mio market cap. what the calue of the pure landoackage if aox is the third biggest landowner in utha.

[rragg]

Dosco, you just don't get it, there is no value in properties unless there are minerals coming out of the ground.  There is a few million in buildings and equipment but that's really it. Think of it this way:  Starbucks has stores and coffee, how much is the stock price worth if their sales drop 25%?  They have the stores and product but not sales.  If the sales drop

[MAAXXY]

EXCELLENT post rragg!!!  Management did blunder.  Trixie should have been put into production LONG,LONG ago. You create cash flow and then drill the Alaskan property instead of selling stock to pay for the drilling. What about the sale of gravel.