Goldcorp's recent takeover of Andean in Argentina marks a sign of things to come with gold hovering at close to historic all-time highs at $1371/oz.
The Argentinean province of San Juan and Salta means other miners in the area have gained the spotlights from investors and media alike.
Ironically, the San Jose project which junior miner Minera Andes hold is a solid grade gold and silver producer that Goldcorp founder Rob McEwan operates (and owns 33%).
If he founded Goldcorp and left, isn't it ironic that Goldcorp is returning to the same area that Minera Andes and TNR Gold have been at all these years?
In addition to that, since the last time we covered MAI - share price has erupted to over $2/share CAD, marking almost a 300% profit for those who averaged down to MAI during the slowtimes of even the summer 2010.
This came about primarily with rumors with MAI takeover and another discovery at San Jose mine that could easily increase production in the coming years. But also we believe it's attributed to copper recovering to its former highs in 2008.
MAIs train might have left the station but you can still play a great investment with TNR Gold - albelt disputedPublish Post they still hold claims to 25% back-in on the large Los Azules project.
We've been right here a few times on Mining101 and this is why we have readers daily who has come here to learn more about investing. Do your own due dilligence - we have, and we have done well during this quiet recovery!
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