AGCZ News Speaks To Some Huge Numbers. Can This Be The Last Piece To Break Resistance?

Good Morning All,

We’ve included our report on AGCZ below in order to keep you familiar with all the reasons behind why AGCZ could break past resistance today.

Now, think about the news that came out last night as an additionaly catalyst! We’ve included directly below. This entire combination of factors could lead to a positive market reaction in the favor of AGCZ


Andes Gold Corp Discusses Current Mining Operations, Projections for the Future

BOCA RATON, FL–(Marketwire -03/25/12)- Andes Gold Corp (Pinksheets: AGCZ.PKNews), a gold mining company with existing operations in Ecuador, today discussed the Company’s current operations and projected what can be expected in the coming months.

The Company is currently mining its gold concessions located in southern Ecuador. This consists of two mines having proven gold reserves of approximately 395,000 ounces of gold. At today’s prices, that represents a value of over $600M in potential revenue based on an average price per ounce of $1650. The Company’s present mining efforts extract and process approximately 50 ounces per day with an immediate goal of increasing that to 100 ounces of gold per day.

Andes Gold also recently acquired and renovated and modernized a processing mill in the area. In discussing the advantages of having its own mill, Mr. Talbot, the CEO, said, “Operating our own mill saves us having to pay to ship our ore to an outside location and then pay to have it processed. We never have to wait to have our ore processed. With a capacity of 150 tons of ore per day, we can process not only ore from our own mines, but also that of neighboring concessions. We are currently taking in third party ore and processing approximately 20 tons a day. This is a significant additional source of revenue for us as it utilizes surplus capacity at our mill. We expect to bring an additional mill online shortly as demand warrants.”

Andes Gold has been assessing additional concessions in Ecuador. Preliminary results indicate that there is significant mineralization on these concessions. Once the assessment is completed, with its operational mill, the Company will be able to bring these concessions on production immediately. These new concessions are expected to increase our proven reserves significantly. Our short term goal is to produce 100 ounces of gold per day by the end of April 2012.


There’s a lot of reasons we like our alert, which begins its coverage on Monday Trading. Not only do the first two letters of their ticker match our famous AG acronym, but they have a lot, fundamentally, in common with the features we admire most here.

That being said, this alert is not only Actual in the highest degree, but from the current position of their chart, they could be headed for a major technical breakout. We’ve illustrated both, below.


AGCZ – Andes Gold Corp.


Here’s the part that strikes us most about AGCZ and what has become the second most motivating factor for this alert (the first being the chart, which we will get into later):

Unlike most other penny priced Gold Mining Companies, AGCZ actually already has mine fields, which routinely bring in significant amounts of ore. This is in addition to the other ore files that they process with their mill! Talk about Actual!

Check out the key-highlights from the company’s web-page that brings us the ability to call AGCZ Immensely Actual!

The details bring about even more exciting info AND forward looking statements!

The Opportunity

The Zaruma-Portovelo district of southern Ecuador has been a prolific producer of both gold and silver for over 450 years. No records of mine production exist for the first 300 years, but since 1905, over a period of only 50 years, mining activities have produced an excess of 4.5 million ounces of gold, when the cut-off grade for ore was 14.5 g/T of gold. The district, an area of 150 km2, contains at least 15 major veins. All of these veins are currently covered by only small mining concessions of 10 to 40 hectares in surface area.

Andes Gold Corp. holds the rights to the Miranda Alto concession and has assessed the economic potential of the land. Except for the work carried out by Andes Gold and a few earlier international companies, lack of previous funding had prevented the use of modern exploration and mining methods to significantly increase reserves and to maintain historical high grades. Strike length of major veins can range up to 1 kilometer. Depth potential can range up to 1500 m where current mining has exploited only the first 200 m below surface. Andes has now obtained the necessary funding to increase reserves and upgrade the mill to increase production.

An Active Gold Mine in Development

Since 2007, Compañia Minera PL S.A. has developed to a fully equipped gold mine processing plant in Portovelo / Zaruma. The development includes the expansion of the current milling process and also the purchase of CIP tanks for the cyanide leaching process.

The company can now produce up to 100 T/d ore, but it doesn’t have the capacity to process all the production. By the end of March, 2012, the company will be at full capacity of 150 T/d (Tonnes per day).

Possibility of Expansion

The property is surrounded by several concessions. The Miranda concession is the key to the neighboring four concession areas, as it is located on a mountaintop and is connected to the most tunnels. The concession area towards the north and also the concession areas towards the south are accessible via the Miranda tunnels. Acquiring the surrounding concession will give the company a resource potential to be the biggest gold producing company in the area.


And now…Let’s get into the technicals.

We currently see AGCZ sitting at resistance, but with the technical indicators lining up, AGCZ could shortly break through that resistance, signaling a potential BREAKOUT rally that could send AGCZ into “blue-sky” territory.


Pretty Actual, eh?

We are excited to be featuring AGCZ and think that it could only be a matter of time that others start to see these technicals unfold, just like we were able to call LIMO for 30% in multiple intraday gains from our technical alert, AGCZ could follow in those footsteps if this breaks initial resistance!

ENJOY AGCZ

-AG

2012 Track-Record Starting With $5,000

COHO – 15% of intraday potential.

REEI – 15% Easy News Play!

CSOC – 15% Easy News Play with outstanding technicals.

RCFEFwaiting.

LIMO21% Simple technical alert. Kickstarted with 3%, at minimum that continued days after!

ONTC20% This was a dead right technical alert with easy, easy gains. 

GTRL10% in intraday earyl gains.

XNEZ55% in minimum gains. As much as 60% on the intraday. Multiday rallies!

AQUS-35% Bad. Just Bad.

NVNX-16% We actually regret this alert.

GATA5% so far, but not calling this one done anywhere near yet.

FROG0% thus far. Called the bounce. Happy to have it waiting for us. 

PAWP - 0%  remains on watch. No gains or losses thus far, just highlighted potential.

February: Gives 627% In Total Gains. $5,000 to $36,150: Proof

January:  Gives 285% In Total Gains. $5,000 to $19,000: Proof