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Ambrian Capital analysts return from Nicaragua encouraged by La India

Monday, March 7, 2011

After seeing Condor Resources’ La India project first hand Ambrian Capital’s mining team said it is encouraged that the gold company can potentially grow the resource base in Nicaragua.

Ambrian recently initiated coverage on the old explorer, saying that the market was overlooking the potential of La India.

Now, following a recent site visit in Nicaragua, the City firm stressed that the project’s gold is set for two upgrades in the near future.

Original source: Proactive Investors