Ironically according to my analysis...
If there was a sale of everything in Panama, (which I do not expect), the numbers work out to $0.04 to $0.03 to shareholders after needs for Spain, and bills are paid, along with attorneys fees and finder's fees with a selling price @$0.65. There would then be about a four year wait until a small plant was built, one ball mill instead of the four in Panama, and we would process the very high grade ore at LP. Just for the fun of it my analyst did a very thorough job of actually looking at this prospect. If someone has a different result please explain how you get to it. No, I am not posting the details because I paid for the work. But I have confidence the numbers are good.
So all of you clamoring for a buy out, three or four cents a share, plus you interest in Spain is all you are going to see. I trust you will be satisfied in getting your desires met. The prospects in Spain look very good and I am sure you will see a good return by 2018 or 2019.
On the other hand, the loan/JV deal some of the rest of us are counting on makes us profitable once again in six months.
MAYBE YOU WISH WILL COME TRUE!!! I'M HAPPY EITHER WAY AND MAKING MONEY AS USUAL. YOU CAN'T PLAY THE GAME WITH JUST A FEW CHIPS IN THE BANK. THOSE WHO DID NOT DOUBLE-UP WHEN THEY HAD A CHANCE SHOULD NOT BE AT THE TABLE.
SALUDOS!!
