And for heaven's sake, I wish the company would start releasing substantial information through appropriate channels- like an IR person, and not back-channel through a shareholder. It makes the whole thing look really dodgy, especially when the quarterlies are not particularly "content-rich" or well-organized.
And I'm long here- I want them to succeed, but really... decent communication would make a huge difference. And a well laid out communication plan is NOT putting the cart before the horse... which is the reason given for not doing so (that PT doesn't want to get people's hopes up about something before it's reality). Clearly there is quite a bit of catching up to do in the communicating basic info department that can happen before any sort of speculation or forward looking statements.
I guess my point is- I like the developments, but I want to see that they can handle them, and so far, they haven't "handled" much of anything. And by that I mean supposedly the original project was amazing, and yet it isn't producing substantial revenue yet. So why are we jumping into other projects if the amazing Caborca property isn't fully operational? Especially with a skeleton crew....
And I know that you've explained some of the rationale before, TM... the benefits and resources that come along with this JV. But you hit the nail on the head- companies that don't do proper planning, testing and engineering often get blind-sided and don't last long. Mining is not an easy business.....
I'm very cautious... and hoping that they prove all my fears unfounded.
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