Andes Gold Corp. Reports Analyst Coverage by GS Equity Research
March 23 2010 - 8:00AM
Marketwired
Andes Gold Corporation, (PINKSHEETS: AGCZ), announced today that
equity research firm, Gluckstein & Silverspoon Research, has
initiated research coverage on AGCZ with a Speculative Buy Rating
and $0.32 price target. The Report provides investment opinion
& target price, a description of the Andes Gold investment
opportunity, and a summary of the company's growth strategy and
associated risk factors.
"We are pleased with the findings of Gluckstein &
Silverspoon Research which confirms that our company is well
undervalued at our stock's current pricing level," stated Alex
Diaz, President of Andes Gold. "Retaining GS Equity Research
services will enable our actual shareholders and members of the
investment community, to become more aware of the significant
potential of our company," added Mr. Diaz.
The Report can be accessed at:
http://www.glucksteinsilverspoon.com
About Gluckstein & Silverspoon Research Gluckstein &
Silverspoon Research is an equity research service company
dedicated to increasing the visibility of innovative and growing
private and public companies that represent extraordinary
investment opportunities. Regardless of the size of the client, our
research and advisory services provide additional value and
assistance in realizing a company's goals, enabling it to achieve
its fullest potential.
About Andes Gold Corporation: Andes Gold Corporation is a United
States of America registered public company currently operating a
gold mining and exploration corporation, through its wholly owned
subsidiary company Compania Minera PLS.A. in Ecuador (South
America), which controls a Gold mining and exploration concession
called the Miranda Alto. For more information please visit:
www.andesgold-ir.com
Important Information:
About Forward-Looking Statements: Statements in this press
release may be "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the company or its management,
identify forward-looking statements. These statements are based on
current expectations, estimates and projections about the company's
business based, in part, on assumptions made by management. These
statements are not guarantees of future performance and involve
risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may, and probably will,
differ materially from what is expressed or forecasted in such
forward-looking statements due to numerous factors, including those
described above. In addition, such statements could be affected by
risks and uncertainties related to the exploration for and
development of mineralized material, product demand, market and
customer acceptance, competition, pricing and development
difficulties, as well as general industry and market conditions and
growth rates and general economic conditions. Any forward-looking
statements speak only as of the date on which they are made, and
the company does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this release. Information on the Company's website does
not constitute a part of this release.
Contact: Alex Diaz President 1-212-541-2495
www.andesgold-ir.com
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