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Tuesday, 02/01/2011 8:27:37 PM

Tuesday, February 01, 2011 8:27:37 PM

Post# of 389
MINERA ANDES ANALYSIS
I originally had my doubts about this company when I bought years ago but it has been skilfully managed and saved by a major stock holder buy out preventing it from being taken over by it's partner in the mine. This was one of those Cinderella stories where one of the company officers stepped forward and put millions of his own money down at the last moment and buys up controlling interest to keep it's crooked partner from scalping the company. With the direct ownership of the majority of stock by this person the mine will be safe from attacks and with no debt and steady income from the joint venture and a massive amount of 100% owned claim holdings in other rich resources and the money now at hand to develop those then this company has no wheres to go but up in price. I bought this one when it was only .19 cents and before it is over it will make me a 100 times what I invested in it. It is one of those true junior companies that is a Cinderella story ending. Read the below recent release and its previous ones from the past year to fully understand this great little company. Just the the first part is given below, go to the URL for the rest of the story and the company's web site.
Minera Andes Announces Increased Silver and Gold Production for the Fourth Quarter and for the Year 2010 at the San Jose Mine
2011-01-19 08:30 ET - News Release
TORONTO, ONTARIO -- (MARKET WIRE) -- 01/19/11

Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX: MAI)(OTCBB: MNEAF) announces the San Jose mine production results for the fourth quarter of 2010 and the year ended December 31, 2010. During the fourth quarter, the San Jose mine produced 1,871,440 ounces of silver and 26,141 ounces of gold, of which 49% is attributable to Minera Andes. For the full year of 2010 silver production was 5,323,842 ounces and gold production was 84,303 ounces.
http://www.stockwatch.com/News/Item.aspx?bid=U-i0709843-U%3aMNEAF-20110119&symbol=MNEAF®ion=U

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