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Re: pilk111 post# 22948

Sunday, 12/08/2013 10:42:48 AM

Sunday, December 08, 2013 10:42:48 AM

Post# of 26631
".but it is looking very good at the moment."

I was referring to neither outcome, but rather to the probable positive outcome of the vote at the AGM. As Sergeant Schultz would say, "I know nothing!" that I can disclose about the proposal before the FQM board. I do believe that our BOD will know the results before the AGM. IMO the AGM will just last a couple of minutes.

I have no preference. A stock swap for FQM would be fine, so would the sale of some assets, or some sort of a JV with some cash paid forward. FQM has many entities and obligations vying for money to fund their particular projects all over the world. On the other hand they are under tremendous pressure to move forward with Cobre-Panama or risk losing their concession. Remember they are not owners, just concessionaires. The deal is done, now comes the vote. I do not believe there is any chance of PTQ failing no matter how this works out. Panama will not let that happen. I am a continual buyer on a regular basis using DCA without regard to SP.

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