Grass Roots Research Issues Buy Recommendation on Andes Gold Corporation With a 12-Month Price Target of $0.083 per Share
28 Juin 2012 - 3:45PM
Marketwired
Andes Gold Corporation (PINKSHEETS: AGCZ), a gold mining company
with existing operations in Ecuador, reports that Grass Roots
Research (GRRD) Wall Streets leading independent micro-cap research
firm announced that it has initiated coverage of AGCZ (PINKSHEETS:
AGCZ) with a BUY recommendation and a 12 month price target of
$0.083 per share. GRRD provides an in-depth analysis, including 5
year financial and evaluation projections, on AGCZ's plan and its
significant growth drivers. Acopy of the report is available for
download at http://www.grassrootsrd.com.
An excerpt from the GRRD report states, "With AGCZ's impeccable
mining operations, a strong market opportunity for increased
production with current significant reserves makes the junior miner
a company with considerable upside for AGCZ stock. We are
initiating coverage with a BUY rating."
ABOUT GRASS ROOTS RESEARCH AND DISTRIBUTION GROUP
Grass Roots research and Distribution Inc (GRRD) is Wall
Street's leading independent micro-cap research firm, concentrating
on emerging companies with strong management teams focusing on
shareholder value and sustainable competitive advantage. GRRD led
by renowned security analyst D. Paul Cohen, highlights the
Company's (AGCZ) market opportunity, technology, management,
competition and other key differentiators that may affect their
long and short term evaluation. GRRD focuses on those public
companies that lack or have minimal Wall Street research analyst
coverage. GRRD research reports are commissioned and paid for by
the company covered or by third parties. For more information visit
www.grassrootsrd.com
Grass Roots Disclaimer states: "This report/release is for
informational purposes only. Information contained herein is based
on public information. GRRD complies with securities laws,
regulations and ethical standards as related to our legal and
compliance requirements. Our firm is not a member of any
association for other research providers. GRRD is not a registered
investment adviser. Do your own research." To assess the complete
disclosure and disclaimer download a copy of the AGCZ report at
www.grassrootsrd.com
ABOUT AGCZ
AGCZ is a producing gold operation with an aggressive plan to
expand its mining operations and increase reserves. Unlike other
mining stocks, AGCZ has producing mines and operating mills and is
3 to 5 years ahead of other junior mining companies and other
common gold exploration stocks. AGCZ has proven extensively that
its operators can not only find gold, but can bring it on
production using its on site and fully owned mills. AGCZ increasing
reserves and expanding operations makes the Company an undervalued
play. For more information, please contact the company at (561) 210
8496 or www.andesgoldmine.com or investors can find real-time
quotes and market information for the Company on
www.otcmarkets.com.
Safe Harbor Statement: The Private Securities Litigation Reform
Act of 1995 provides a "Safe Harbor" for forward-looking
statements. Certain of the statements contained herein, which are
not historical facts, are forward-looking statements with respect
to events, occurrences of which involve risks and uncertainties.
These forward-looking statements may be impacted either positively
or negatively by various factors, Information concerning potential
factors that could affect the company are detailed from time to
time in the Company's reports filed with regulatory bodies
Andes Gold Corporation (561) 210 8496 www.andesgoldmine.com
Andes Gold (CE) (USOTC:AGCZ)
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