| Business Summary | | Minera
Andes
Inc.
is
engaged
in
the
exploration
and
development
of
mineral
properties
located
in
the
Republic
of
Argentina.
The
Company's
objective
is
to
identify
and
acquire
properties
with
promising
mineral
potential,
explore
them
to
an
advanced
stage
or
to
the
feasibility
study
stage,
and
then,
if
warranted,
to
pursue
development
of
the
properties,
typically
through
joint
ventures
or
other
collaborative
arrangements
with
partners
that
have
expertise
in
mining
operations.
The
Company's
current
properties
and
projects
consist
of
mineral
rights
and
applications
for
mineral
rights
covering
approximately
163,000
hectares
in
three
Argentine
provinces.
The
lands
comprise
option
to
purchase
contracts,
exploration
and
mining
agreements
and
direct
interests
through
the
Company's
filings
for
exploration
concessions.
The
Company's
properties
are
all
early
stage
exploration
prospects.
No
proven
or
probable
reserves
have
yet
been
identified. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Minera
Andes
is
an
exploration
stage
corporation
engaged
in
the
exploration
and
development
of
mineral
properties
located
in
the
Republic
of
Argentina.
For
the
three
months
ended
3/31/01,
the
Company
reported
no
revenues.
Net
loss
according
to
U.S.
GAAP
decreased
64%
to
$200
thousand.
Net
loss
reflects
a
decrease
in
S/G/A
and
mineral
property
and
deferred
exploration
expenses
due
to
the
Company
maintaining
minimum
staffing
levels. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Allen Ambrose, 44 Pres,
Director | $97K | Bonnie Kuhn, 35 CFO,
Sec., Director | -- | Jon Lehmann, 44 Pres
of MPI, Sec. of MPSA | -- | Brian Gavin, 47 VP
- Exploration | 97K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|