40,000 ounces production for 2014?....jeepers...the bar keeps getting lower and lower...do they really think they can make their target this time? Good grief, they never have in the past.
Yeah, it's funny how Fifer promotes himself on the web with all those sites. Most Business men let their company track record speak for them but with PTQ I guess he doesn't like the message of failure that is sending.
I am not surprised he is selling "picks and shovels" to the workers to make a bundle. That's how the guys made the real money in the gold rush days.
It's going to be interesting to see how 40,000 ounces of production is pays for the mine development in Spain / Portugal. I can smell another round of dilution coming ...once the floodgates are opened, it's just too easy to go back to the well.
I sure hope FQM is able to make a go of the mine. If they falter and Panama steps in to take the concession away, Panama's name will be mud in the mining world and who knows if the mine ever gets built.
JMO,
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
