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Re: Implanting post# 18649

Monday, 11/26/2012 10:08:24 AM

Monday, November 26, 2012 10:08:24 AM

Post# of 26631
"PTQ's problem is how does not getting a deal done asap effect finalizing the PP or how much the PP should be for?"

Yes there are lingering effects of the HT. The PP proposed in July is nowhere in sight. How will the lack of that funding impact PTQ's plan for increased activity and profitability? Slower development of Spain? Where is that ore that was supposed to be shipped here by the end of the year for processing? Oh well they have another month or so before that is water under the bridge and long forgotten.

Maybe the proposed 200+ million PP was just a defensive posture to slow down the HT when they suspected it was coming. I don't know.

Looking forward to an increased quarter of profitability whenever that gets here. Let the negotiations drag on for another 18 months.

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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