Dear Shareholders,
During these past few months the Company has made some strides and gains in executing its business plan. These gains did not come without its share of growing pains.
Management has spent the last few months in Argentina expanding the Company' interests. We have been busy cultivating and expanding our portfolio of properties and have secured what we feel to be a very interesting basket of mineral rich lands. We are very excited about these properties which is expected to yield significant interests within the mining community here in Argentina. We have also been busy moving our offices to Mendoza Argentina, in order to be closer to our properties and help in the day to day operations and management of our work programs once they begin. In the coming weeks and months ahead we look forward to announcing these acquired properties along with the work programs and the geophysical results that they will yield.
It is our Company' goal to develop these properties into producing entities and we feel with the recent surge in commodity prices and with Gold expected to stay above $700 USD an ounce by year end, the overall macro economic conditions couldn't be better.
In the coming months we look forward to a lot of information to be digested and as a result we have set up an investor relations number and email in order to be more fluid and robust with shareholder queries and updates. Management will also embrace the functions of this website more and use it as a forum to help keep the investment community abreast of recent developments, so this president letter will become a normal fixture of our website as we expand and develop and add to its content.
In conclusion we look forward to a positive future, we are excited and feel well positioned for growth. We along with our shareholder base look with anticipation as the results and work programs evolve in the coming months ahead.
Sincerely,
Jonathan Hagen
President Geoandina Mining Corp.
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