Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 29, 2011) – Andover Ventures Inc. (“Andover”) (TSX VENTURE:AOX)(OTCBB:AOVTF)(FRANKFURT:R2X) announces that it has paid the final payment of $2,000,000 to Genco Resources/SilverMex Resources Inc. (“Silvermex”), representing the final payment on a $5,000,000 note payable for the purchase of 13,034,769 shares of Chief Consolidated Mining Company (“Chief”).