Well that was great news this week.
It has been a long wait. Those who are engaged are celebrating and waiting anxiously to actually see the results and details. Must be emotionally difficult to have nothing, and know nothing. Looks like the last miserable quarter is behind us. May not breakeven in this one, but it should show quite an improvement in the P&L's. The statements for this quarter and the annuals will be audited also. Probably no more qualifications.
Wonder what the yield will be from the first cycle of a large heap leach pad? The 300 ounces from the tiny test pad cycle was nearly 70%, if I remember, and that was excellent. No question that the process works very well with our ore. We have a huge stockpile also available so the cost will be very, very low. With the aggregate sales offsets, if they continue, maybe under $400.00/ounce.
Maybe the share price will drop some more over the next few months continuing to facilitate acquisition of shares. Lots of little coins everyday can add up to some serious money over time. For every bunch of little losers there is one or two big winners. Maybe someday my family will get that $7.50/share!!
The constant moaning and whining seems to keep the faucet flowing. Don't discourage them VB, they are bringing more potential value to us every day; allowing us to get a bigger piece of the pie very inexpensively at that.
Now that FQM and company specific problems are behind us, the next milestone is the election! A new poll should be out at the end of next week. As the papers say, "Panama is fast becoming the Dubai of Latin America!" Life is Good and PETAQUILLA ES PANAMA!!!
Metro inaugurates today with free passes from Tuesday for four months! Albrook opened its 469th store making it the largest mall in the west I believe. Cool to have airport terminal, train station, and bus terminal all together with the mall too. Wyndham TRYP Hotel Albrook means you can fly in for a week and never leave the mall! A wife's dream!! Makes you appreciate living in a world class environment.
