InvestorsHub Logo
Followers 6
Posts 789
Boards Moderated 0
Alias Born 08/01/2007

Re: Spruitenburg post# 3949

Wednesday, 04/04/2012 6:08:43 AM

Wednesday, April 04, 2012 6:08:43 AM

Post# of 13993
New World Gold owns 70% of Andes Gold, I believe.

While there is no doubt that the Andes mill/operations and Dynasty's are not co-located, it is curious that both companies give identical geographical coordinates as the center of their properties. From what I can gather, that would put them within 100 feet of each other, which seems odd. Another thing that strikes me as odd is the remarkably consistent grade of one ounce/tonne. Presumably DMM is mining a similar if not identical style of deposit, given the proximity. Their deposit has an average grade that is about half of what Andes is claiming. Where is the independent third party verification of any of this? Drill results? Assays? Preliminary Economic Analysis? Independent board directors? There are lots of questions that need answers here, imo...