Minera Andes / M A I (TSX)

Edel Man · 9. März 2009

Zitat von Jürgen

(....)
So von dem Eindruck her ist soweit alles ok. Kannst du das momentane KGV einschätzen. ?

Gruß Jürgen

Die letzten Quartale hochgerechnet 0,53 $ : 0,18 $ ( net !!) = 2,9 KGV
Das ist sehr gut, im Vergleich zu anderen Juniors.

http://www.kitco.com/ind/matlack/mar022009.html

Wichtig, daß der erfahrene und pfiffige McEwen seit Wochen dort Executive ist.

Grüsse
Edel

RohstoffBulle · 3. September 2009

habe noch eine kleine portion MAI. dümpelt leider vor sich hin..

was mich stört, sind laufende kapitalverwässerungen...

Wed Aug 19, 2009
Minera Andes Completes CDN$23 Million Equity Financing
MINERA ANDES INC. (TSX:MAI) (the "Corporation" or "Minera Andes") is pleased to announce that it has completed its previously announced offering of Cdn$20,025,000 of units, on a "bought deal" basis, at a price of Cdn$0.75 per unit (the "Offering"). The Offering was conducted by a syndicate of underwriters (collectively, the "Underwriters"). The Corporation is also pleased to announce the issue and sale of an additional Cdn$3,003,750 of units pursuant to the exercise, in full, of the previously announced over-allotment option granted to the Underwriters to purchase 4,005,000 additional units on the same terms and conditions as the Offering. With exercise of the over-allotment option, the aggregate gross proceeds to the Corporation from the Offering is Cdn$23,028,750.

Each unit consists of one (1) common share (a "Common Share") and one half of one common share purchase warrant, each whole warrant (a "Warrant") is exercisable at Cdn$1.25 for a period of 5 years after closing (each common share issuable upon exercise thereof, a "Warrant Share"). In the event that the volume weighted average trading price of the Corporation's common shares on the TSX (or such other stock exchange or quotation system on which the Corporation's shares are listed and where a majority of the trading volume occurs), for a period of 20 consecutive trading days exceeds $2.50, the Corporation may, within five days after such an event, provide notice to the warrant holders of early expiry and thereafter, the warrants will expire on the date which is 30 days after the date of the notice to the warrant holders.

The TSX has accepted the Warrants together with the Common Shares and Warrant Shares for listing.

The net proceeds from the Offering are approximately Cdn$21,077,312 (after deduction of fees and expenses), and will be used: (i) to finance general administrative expenses to maintain capacity for the following 12 months; (ii) to evaluate grassroots gold-silver epithermal targets in the Santa Cruz and San Juan provinces; (iii) for property payments, transfer costs and exploration at the Los Azules Project; and (iv) for working capital.

The securities being offered have not been, nor will be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold within the United States or to or for the account or benefit of "U.S. Persons" (as defined in Regulation S under the U.S. Securities Act) absent U.S. registration or an applicable exemption from U.S. registration requirements. This press release does not constitute an offer of securities for sale in the United States or to or for the account or benefit of U.S. Persons.

Minera Andes is a gold, silver and copper exploration company with a 49% interest in the San José silver-gold mine in Santa Cruz, Argentina. The San José mine is owned by Minera Santa Cruz S.A. ("MSC"), which in turn is owned 49% by Minera Andes and 51% by Hochschild Mining plc. Hochschild is the operator of the San José mine, and exercises total operating control of the mine. The Corporation also owns the Los Azules copper project in San Juan province, where a scoping study has been completed and the Corporation is awaiting a decision by its joint venture partner, Xstrata Copper Company, if it will exercise its right to back in to a 51% ownership of the project. The Corporation holds or has an interest in approximately 304,000 acres of mineral exploration land in Argentina located in the regions near the San José mine and Los Azules project. After giving effect to the Offering, the Corporation has 261,393,851 shares issued and outstanding.

RohstoffBulle · 3. September 2009

Mon Aug 24, 2009
Minera Andes Initiates Exploration on 100%-Owned Targets in Argentina
SPOKANE, WA----August 24, 2009---- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX: MAI and US OTC: MNEAF) is pleased to announce exploration plans for two principal areas in Argentina. 1) Santa Cruz province where the Corporation's San José mine is located and 2) San Juan province, site of the Corporation's recent Los Azules copper discovery. The target in Santa Cruz province is high-grade epithermal gold-silver mineralization. In San Juan province porphyry-style copper mineralization is the primary target.

Exploration Program
Minera Andes plans to systematically evaluate its portfolio of properties in Santa Cruz and San Juan province. It is anticipated that in the next eighteen months all the properties currently held will be evaluated using satellite image analysis, soil and rock sampling and geologic mapping. We expect to conduct further work, including various geophysical surveys, on 8 to 10 properties in total. Our work plan calls for reconnaissance core drilling on up to five targets (2,500 meters per target).

Santa Cruz Province --Big Potential - Many New discoveries
Since beginning exploration in Argentina in the 1990's, Minera Andes has one of the most successful exploration teams in Argentina with two discoveries to its credit: the now-producing San José mine (a joint venture between the Corporation and Hochschild Mining plc in which the Corporation has a 49% interest) in Santa Cruz province and the Los Azules porphyry copper project in the San Juan province. Santa Cruz is home to several significant precious metal mines and new discoveries. It was not until the 1990's that the area began to be explored. Now that our mine is built and we have money in the bank, we will be aggressively looking at the discovery potential of our extensive land holdings.

The producing mines in the Deseado massif are: AngloGold Ashanti's Cerro Vanguardia mine (reserves of 3.5 million ounces (m oz) of gold and a production rate 220,000 oz per year); Pan American Silver's Manantial Espejo mine (reserves of 75 m oz silver and a production rate of 4 m oz silver and 60,000 oz gold per year); Coeur's Mina Marta (a reserve of 50 m oz silver and a production rate of 2.7 m oz per year); and Minera Andes' discovery, the San José mine (reserves of 27.3 m oz silver and 412,000 oz gold, measured and indicated resources of 39 m oz silver and 570,000 oz gold with a production of 6 m oz silver and 60,000 oz gold per year).

Exploration continues to yield positive results in Santa Cruz. Notable recent exploration successes include Andean Resources' Cerro Negro property, close to San José, where a resource of 2.4 m oz of gold has been discovered at the Eureka vein and Exeter Resources' Cerro Moro property which so far has a resource of more that 600,000 oz gold equivalent. These new discoveries attest to the continued exploration potential of the Deseado Massif.

Minera Andes currently controls 35 properties in Santa Cruz province covering approximately 66,000 hectares. The exploration target is gold and silver mineralization in low- to intermediate-sulfidation epithermal systems. Largely acquired on the basis of satellite imagery, geologic setting and proximity to known mineralized trends, these properties run the full gamut from grassroots properties, with little or no work done to date, all the way to targets ready to drill (Martes 13). Several properties have already been the focus of preliminary drill campaigns and will be re-evaluated as part of the planned campaign.

San Juan Province
The Andean cordillera of Chile and Argentina hosts 18% of the world's copper resources. Alone, the Miocene copper belt of Chile contains 605 billion pounds of copper. Minera Andes has already made a significant copper discovery at Los Azules where 11 billion pounds of copper have been delineated at potentially mineable grades (in an inferred resource of 922 million tonnes of 0.55% copper). Los Azules is subject to an option earn-in agreement with Xstrata Copper

In addition to Los Azules, Minera Andes holds three other porphyry copper targets in San Juan province. One of them, Los Chonchones, has been extensively sampled in a grassroots sense and displays characteristics (alteration etc) typical of productive porphyry copper systems and, consequently, is a strong candidate for further work.

Initial results from the Celestina project, Santa Cruz province
As a precursor to the proposed program, drilling was completed at the Celestina property in early June. A total of 10 core holes were drilled to depths between 140 meters and 240 meters, for a total of 1,731 meters, to test for gold/silver mineralization. Drilling confirmed the presence of a low-sulfidation epithermal mineralized system. Nine of the ten holes cut significant widths of mineralized structures. Mineralized intercepts included strongly altered faults and breccias zones with some zones of gray to crystalline quartz. Identified minerals included abundant pyrite and occasional lead and zinc minerals. Assays revealed only weakly anomalous gold (up to 1.2 g/t over 1.2 meters and 0.40 g/t over 0.3 meters in hole CL09-10) and silver values (up to 106 g/t over 2.4 meters in hole CL09-04). A thorough study of the geologic significance of the drill program will be made before any decision is made regarding further work.

Qualified Person
Assay results were reviewed by Brian Gavin, Minera Andes' vice president, exploration, who is an appropriately qualified person as defined by National Instrument 43-101. All samples were collected in accordance with industry standards. Splits from the drill core samples were submitted to Acme Analytical Argentina, S.A., in Mendoza, Argentina, for fire assay and ICP analysis. Accuracy of results is tested through the systematic inclusion of standards, blanks and check assays.

About Minera Andes
Minera Andes is a gold, silver and copper exploration company focused in Argentina. The Corporation holds or has an interest in approximately 304,000 acres of mineral exploration land in Argentina, including the properties comprising the San José silver/gold mine (a joint venture between the Corporation and Hochschild Mining plc in which the Corporation has a 49% interest), which covers 50,941 hectares and is not included in the acres noted above.

Minera Andes is also exploring the Los Azules copper project in San Juan province, Argentina in respect of which a preliminary assessment has been completed and a technical report filed. Other exploration properties, primarily silver and gold, in southern Argentina, are being evaluated. The Corporation presently has 261,393,851 shares issued and outstanding.

For further information, please contact: Art Johnson at the Spokane office, or Krister A. Kottmeier, investor relations -- Canada, at the Vancouver office. V

RohstoffBulle · 3. September 2009

Tue Sep 1, 2009
Minera Andes Provides Status Update On Its Los Azules Copper Project Option Agreement With Xstrata
MINERA ANDES INC. (TSX:MAI) (the "Corporation" or "Minera Andes") is pleased to provide an update on its option agreement with Xstrata (and certain Xstrata affiliates) (the "Agreement") on its Los Azules copper project in Argentina (the "Project").

As previously announced, Minera Andes has exercised its 100% earn-in option with respect to the Project effective June 1, 2009, thereby granting Xstrata 90 days to deliver notice of exercise of its right to back-in to the Project for a 51% interest (the "Back-in Notice").

This 90 day period has expired without Xstrata having delivered the Back-in Notice. Minera Andes has so notified Xstrata and by the terms of the Agreement Xstrata now has 30 days, expiring October 1, 2009, to deliver the Back-in Notice.

After delivery of the Back-in Notice, in order to exercise the back-in right, Xstrata must pay Minera Andes, within 90 days of delivery of the Back-in Notice, an amount equal to three times the direct expenditures incurred by the Corporation and its affiliates since November 25, 2005, and assume operational control and responsibility of the Project no later than 120 days after delivery of the Back-in Notice. Xstrata must also produce a feasibility study in accordance with the standards set out in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, adopted by the Canadian Securities Administrators ("NI 43-101") within 5 years of delivery of the Back-in Notice.

About the Los Azules Project

The Los Azules copper discovery is a very large copper porphyry system. Located in western San Juan province, Los Azules has an independently calculated inferred mineral resource of 922 million tonnes grading 0.55 percent copper, and containing 11.2 billion pounds of copper. This resource, at 0.35 percent total copper cutoff grade, is defined by an area approximately 3.7 kilometers by one kilometer in size. Drilling has identified a high-grade, near-surface copper core exceeding one percent in grade. Los Azules is open at depth and to the north.

About Minera Andes

Minera Andes is a gold, silver and copper exploration company focused in Argentina. The Corporation holds or has an interest in approximately 304,000 acres of mineral exploration land in Argentina, located in the regions near the San José silver-gold mine and the Los Azules Project. The San José silver-gold mine is a joint venture between the Corporation and Hochschild Mining plc. The Corporation owns a 49% interest in the joint venture and Hochschild Mining plc owns the remaining 51% and is the operator of the mine. The San José joint venture property covers 50,491 hectares and is not included in the acres noted above. Other exploration properties, primarily silver and gold, in southern Argentina, are being evaluated. The Corporation presently has 261,393,851 shares issued and outstanding.

Ardcore · 9. Januar 2010

Ein Explorer der auf dem weltweit grössten entdeckten Kupfervorkommen sitzt.

Ferner halten Sie einen 49% Anteil an der San Jose Mine (eigene Exploration) die zusammen mit Hochschild Mining betrieben wird.

Seit 7 Monaten unter der Leitung von CEO Rob McEwen der 33% der Anteile hält.

Website: http://www.minandes.com/

Gehandelt am TSX und OTC BB.
WKN: 900181

Auch in Deutschland gehandelt.

Ardcore · 9. Januar 2010

Zitat

TORONTO, ONTARIO - November 16, 2009 - Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX: MAI and US OTC: MNEAF) today reported a net income of $5.2 million ($0.02 per share) in its financial statements for the three months ended September 30, 2009, and a net income of $1.9 million for the nine months ended September 30, 2009 ($0.01 per share).

Minera Andes' share of the net income derived from Minera Santa Cruz S.A.("MSC") for the three months ended September 30, 2009 (before amortization), was $6.0 million and for the nine months ended September 30, 2009, was $8.7 million. MSC is owned 49% by Minera Andes and 51% by Hochschild Mining plc ("Hochschild"). MSC owns the San José silver-gold mine in southern Argentina and Hochschild is the operator of the Mine.

The silver and gold sales from the San José Mine in the third quarter of 2009 totaled $46.1 million. During the first quarter 2009, total sales from the San José Mine were $21.1 million and second quarter 2009, were $41.0 million. The weighted average gross sales prices were $15.54/ounce of silver and 985/ounce of gold during the third quarter of 2009 and 13.42/ounce of silver and 919/ounce of gold during the previous quarter. San José's silver and gold sales are unhedged. The third quarter 2009 sales of silver and gold by the San José Mine were 12% higher compared to second quarter of 2009 due to higher metal prices and a higher quantity of ounces of gold sold, partially offset by a lower quantity of silver ounces sold.

Production cash operating costs (calculated on a co-product basis) for the mine were $4.75 per ounce for 1,402,000 ounces of silver and $313 per ounce for 22,470 ounces of gold. As previously reported, a total of 122,342 tonnes of ore was processed in the third quarter of 2009 with an average grade of 407 grams per tonne of silver and 6.65 grams per tonne of gold. The sale products are marketed in the form of concentrates and doré bullion. Cash operating costs were $13.5 million for the quarter, which represents an increase of 9% compared to the 2nd quarter of 2009. The cash cost per tonne slightly increased by 1% to $113.1 per tonne during the quarter.

Alles anzeigen

Edel Man · 9. Januar 2010

Zitat von Ardcore

Ein Explorer der auf dem weltweit grössten entdeckten Kupfervorkommen sitzt.

Ferner halten Sie einen 49% Anteil an der San Jose Mine (eigene Exploration) die zusammen mit Hochschild Mining betrieben wird.

Seit 7 Monaten unter der Leitung von CEO Rob McEwen der 33% der Anteile hält.

Website: http://www.minandes.com/

Gehandelt am TSX und OTC BB.
WKN: 900181

Auch in Deutschland gehandelt.

Alles anzeigen

Moin Ardcore

Ein feiner Wert, schön, daß Du ihn wiederentdeckst-- Habe ihn in den Uraltthread eingefügt.

Grüsse
Edel

Ardcore · 9. Januar 2010

Hätt ich doch mal lieber die Suchfunktion benutzt

Danke Edel.

pi13 · 15. März 2010

[Blockierte Grafik: http://profichart.boerse-go.de/619921]
was könnte das ziel sein? wohin geht hier die reise?
buy at support...
alles pi

Edel Man · 20. September 2010

Mai war lange meine erklärte Lieblingsmine, bis durch Hochschild enorme Verwässerung und letztlich Streiterei entstand.

Davon befreit, sollte Mai sich gut entwickeln können, zumal sich der Großaktionär Rob McEwen verstärkt seinen Kerninvestments UXG UND Mai zuwenden will.

"...Im Oktober 2006 vereinbarten das britische Unternehmen Hochschild Mining Plc. und das kanadische Unternehmen Minera Andes Incorporated ein Joint Venture über den Betrieb der argentinischen San José Gold- und Silbermine, die seit Juni 2007 in Betrieb ist und in der ersten Hälfte des Jahres 2010 etwa 2 Mio. Unzen Silber und 36.000 Unzen Gold hervorgebracht hat. Hochschild trug die Kosten von 65 Mio. USD zunächst allein, Minera Andes sollte später Geld an Hochschild zurückzahlen. Als dies nicht geschah, reichte Hochschild im März dieses Jahres Klage ein.

Diese Klage wurde nun zurückgenommen, nachdem sich die Unternehmen auf einen max. achtjährigen Zahlungszeitraum mit einer jährlichen Zinsrate von 7% einigten..."

http://www.minenportal.de/artikel.php?sid=11507

pi13
Inzwischen erfolgten 2 steile Kursanstiege, ohne klaren Trend. Sehenswert allerdings das soeben erreichte "Golden Cross", das größere Erwartungen erweckt.

Grüsse

goldstocks · 20. September 2010

Bin mittlerweile auch dabei.

Hier eine halbwegs aktuelle Präsentation:

http://www.minandes.com/i/pdf/CorporatePresentation.pdf

1. McEwen schätzt den Wert des Unternehmens auf 625 bis 750 Millionen Dollar. Bei 260 Mio. ausgegebenen Aktien (gibt aber noch ein paar Warrants) hätte der Kurs noch Luft.

2. Die Übernahme von Andean durch Goldcorp. findet sozusagen in unmittelbarer Nähe der San José-Mine statt.

Gruß
goldstocks

hedda1 · 20. September 2010

Ich bin seit Freitag hoch investiert. Konnte an der NAsdaq noch einen sehr ordentlichen Preis erzielen. Habe heute morgen in Frankfurt dennoch noch einmal zugekauft.

Man beachte auch das Volumen! Nur CA:WLC war fuer mich heute schoener

Gruss und viel Glueck
Hedda

Edel Man · 23. September 2010

Leider mittlere Position, aber das ändert sich momentan mit einem "Affenzahn"

Mai wie von der Leine losgelassen auf Höhenflug.

Zitat von Edel Man

Mai war lange meine erklärte Lieblingsmine, bis durch Hochschild enorme Verwässerung und letztlich Streiterei entstand.
Davon befreit, sollte Mai sich gut entwickeln können, zumal sich der Großaktionär Rob McEwen verstärkt seinen Kerninvestments UXG UND Mai zuwenden will.(....)

Grüsse

Ardcore · 24. September 2010

Heute grossen Anteil Minera Andes abgestossen, dreistelligen Zuwachs musste ich erstmal mitnehmen.

Hoffe in den nächsten Wochen auf Rückkauf Gelegenheiten.

hedda1 · 24. September 2010

Ebenso, good bye! Vorlaeufig.... Gruss hedda

hedda1 · 24. September 2010

Vielleich ein schlechtes Omen. Mein Laptop wollte den Beitrag nicht senden...

Allen weiterhin viel Glueck mit dieser ausgezeichneten Aktie.

Gruss
Hedda

silberdigger · 29. September 2010

Hallo Hedda1,

dann hab ich die wohl von dir abgekauft !!!

Gruss

Edel Man · 30. September 2010

Zitat von Edel Man

(...) Sehenswert allerdings das soeben erreichte "Golden Cross", das größere Erwartungen erweckt.

Grüsse

Das war am 20.09. "Golden Cross" im wahrsten Sinne. Wieder neues 2 J Hoch...

Die McEwen Zöglinge mit starkem Aufwind, der weiter anregt, so VG Gold /VG und Lexam / LEX.

Grüsse

Edel Man · 7. Oktober 2010

Das ist das Tüpfelchen auf dem i !!

Wir McE Anhänger werden derzeit verwöhnt: Nach dem 1. steilen Anstieg bei MAI die Kursausbrüche bei VG und Lex, dann dieses !

Enorme Gehalte der neuen Vorkommen:
--- Bis zu 31 gpt Gold
--- Bis zu 2750 gpt Silber

Der Kurs schon gefährlich steil auf momentan 1,96 C$ +11 % mit hohen Umsätzen.
--- 3 Jahres Hoch ---

http://www.kitco.com/pr/1267/article_10072010094026.pdf
.

goldstocks · 7. Oktober 2010

"Sell on good news" war für mich die Devise, was dank eines hohen zweistelligen Prozentgewinns einfach fiel.

Aber ich komme gerne auf diesen feinen Wert zurück.

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