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Re: Lojiko post# 502

Saturday, 01/16/2010 8:47:34 AM

Saturday, January 16, 2010 8:47:34 AM

Post# of 26631
Sorry, the only thing I know about geology is there are rocks in the mountains. Being conservative I just do fundamental analysis on what I am pretty sure is there. Reaching the point where there is at least 100% upside near term potential I quit extrapolating. Perhaps more gold is there...they built a big facility in a remote location for only seven years...but then again labor is dirt cheap in Panama and they can move it.

Frankly, the spin off puzzles me, but I am all for it in a contrarian way...gets rid of the gold mine!! I will buy more if the price goes down just to get more infrastructure stock. I believe long term that will be the big company and it is way undervalued in this split.

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