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Re: dr_airtime post# 28065

Thursday, 05/17/2012 12:20:22 PM

Thursday, May 17, 2012 12:20:22 PM

Post# of 35736
PTQ.v

thanks in advance dr_airtime

I think they had three issues that BSCS pointed out forced them to take down their presentations from their web site and revised their promotional materials. They resolved the issue with the Molejon property and may have revised another one but I suspect they will not be able to re-issue their 43-101 on the Spanish property since they just do not have the information without drilling (this is my speculation only). At this point though they do not have a 43-101 on the Spanish property.

I agree with your assessment that institutions will need 43-101 documentation to give credit for the Spanish property. But they can get the Panama mine increasing production and the market will recognize that. The stock is trading at a very low P/E just based on the Panamian mine.

Also like all gold stocks, POG moving to an uptrend will help.

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

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