goldandsilverlinings.com

With the latest claim against Minera Andes by TNR Gold it seems Rob McEwen can’t help commenting on the case. He said of TNR Gold’s claims over part of Minera Andes’ Los Azules project “To me it’s a form of blackmail.” TNR claims that no time limit was discussed but appeared in the final doc [...]

Well it looks like reality has set in at Minera Andes and the complications of the legal debate with TNR have put the breaks on the copper spinout. Will be interesting if the court case gets deferred also. See full link from Minera Andes here. When Rob originally took a significant stake in Minera Andes [...]

Update from Minera Andes as of Apr 4th with regard to the question of if the ‘court and shareholder approval’ mentioned in the press releases in any way relates to the court base involving TNR and MAI: ” From: “Andrew Elinesky” To: “Bob Ahrens” Hello again Bob, The court approval relates strictly to the spin [...]

The latest numbers are out for Minera Andes and they seem impressive, the current silver prices are definitely helping them big time. If you look at the 4th Quarter net income of $18.8 million and took this run rate into next year they ‘could’ easily be looking $75-80 million over the next 4 quarters. Also [...]

First legal doc out on claim by TNR against Minera Andes. I’m certainly no legal expert but it would “seem” round one goes to TNR from how I read it. See summary points below” Summary [51] Accordingly the defendants’ applications to amend its Third Party Notice and to join this action with Supreme Court Action [...]

Minera Andes written up in The Northern Miner (March 27-Apr 3rd issue, starts on page #13. In Canada, Great Canadian News carries it if you don’t have a subscription) The current issue of The Northern Miner has a focus on Argentina this week and is well worth picking up if you have access to a [...]

Excellent news from Minera Andes on splitting off the copper play and I consider this a great move by McEwen. In a previous post I speculated that Rob would dump the copper when he could maximize it’s value, as mentioned in other posts on Rob I’ve highlighted he is NOT a patient guy. Splitting the [...]

Dropped by to touch base with Minera Andes at PDAC.  Had a great chat with Andrew Elinesky, Controller with Minera Andes, Treasurer with US Gold. Asked how Los Azules (copper play) was going? He said they had several rigs and might add to them, implies that they wanted to do more drilling to see if [...]

In the most recent corporate presentation, MAI Presentation last page, Rob outlined his thoughts on the value of Minera Andes as such: (Based on Fully Diluted 288 million shares) San Jose (Ag, Au) $3.6 billion X .5 X .49 $880 Million $3.06/share Los Azules (Cu) 12.5 billion lbs inferred at $.02/lb $250 Million $0.87/share Exploration [...]

Over the last few years my exposure to gold and silver has increase to the point of being “all in” bet on precious metals. I have the CEF.A in order to have some direct bullion exposure, independent of what any particular precious metal stock is doing. I simply accept that there is no leverage to [...]