Don't worry, Be happy ! In 5-6 years, PTQ will be producing 600,000 ounces annually. I wonder where they are going to import it from? Is Panama going to include that in their national export numbers?
Missing guidance by 30% means nothing. Large stockholders or institution don't have any problem with this "progress".
And remember that it takes a management team that is first class and well respected all over the world to deliver those sorts of results.
PDI spin-out is going to happen, any day now. Remember, the company was 100 % committed to do this originally...and then, they weren't ... and now they are, again...100% committed to making the spin-out happen...unless...
The market only looks at the short term so these are only short term issues. If there truly were long term problems, the share price would have to stay this low or lower for a long time. No chance of that happening.
The share price has been manipulated down 15-20 %. The rest is due to the sector under performing. The current share price has nothing to do with the inability of management to reach targets for the last year. Large shareholders don`t care though because they are in this for the long haul.
Yup, I think I got it straight in my head now.
Don't worry, be happy !
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
