/ CORRECTION - Andover Ventures Given C$1.29 Price Target
03 11월 2011 - 12:01AM
Marketwired
In the news release, "Andover Ventures Given C$1.29 Price Target,"
issued earlier today by Century Capital Markets, we are advised by
the company that the property in second sentence of the second
paragraph should read "Bingham Canyon property" rather than "Big
Hill Property in Utah" as originally issued. Complete corrected
text follows.
Andover Ventures Given C$1.29 Price
Target
NOTE TO EDITORS: The Following Is an Investment
Opinion Being Issued by the CENTURY CAPITAL MARKETS
NEW YORK, NY -- November 2, 2011 -- Andover Ventures, Inc.
(TSX-V: AOX) (PINKSHEETS: AOVTF) a precious and base metals
exploration and development company, has been given a Speculative
Buy Rating and a C$1.29 price target by RedChip Research. The
research report can be accessed at
http://www.redchip.com/files/redchipReports/AOX_20111101_Initial
Report.pdf.
Andover's main assets are located in areas that some of the
world's largest mining outfits already have a stake in. The East
Tintic Mining District is located in Utah just south of Rio Tinto's
(NYSE: RIO) Bingham Canyon property and junior mining company
Inspiration Mining Corp.'s (TSX: ISM) property. Andover's property
in the Ambler Mining District of Alaska is adjacent to NovaGold's
(NYSE Amex: NG) resource-rich 29,000-acre site.
Andover, with over $7 billion in gross resources (includes
historic resource estimates), has near-term gold and silver
production which it expects to have online by the end of this year.
This will help the company take advantage of the price increase
precious metals have gained over the last year.
Forward-Looking Statements
Information, opinions and analysis contained herein are based on
sources believed to be reliable, but no representation, expressed
or implied, is made as to its accuracy, completeness or
correctness. The opinions contained herein reflect our current
judgment and are subject to change without notice. We accept no
liability for any losses arising from an investor's reliance on or
use of this report. This report is for information purposes only,
and is neither a solicitation to buy nor an offer to sell
securities. A third party has hired and paid Century Capital
Markets twelve hundred and ninety five dollars for the publication
and circulation of this news release. Certain information included
herein is forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995, including, but not
limited to, statements concerning manufacturing, marketing, growth,
and expansion. Such forward-looking information involves important
risks and uncertainties that could affect actual results and cause
them to differ materially from expectations expressed herein. We
have no ownership of equity, no representation; do no trading of
any kind and send no faxes or emails.
Contact: Century Capital Markets Email Contact
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