KGC is right next door to Andina Minerals's (ADM) Volcan project which just announced a take-over by Hothschild for $103 million.  At that price, Hothschild is getting Andina's 6.6 million oz for about $15/oz in the ground!

KGC could easily pay $130 million and get the project for less than $20/oz.

KGC surrounds ADM to the south and east from Andina's presentation on page 6.

http://www.andinaminerals.com/Investors/getDocument/ADM-CorporatePresentation-2012.10.pdf/347

 

Any comments on KGC raising the stakes for ADM?

AC