ptygold, don't know what you're responding to.
I have most of those guys on ignore. Deal will definitely strengthen the balance sheet. I believe they will also proceed with Portugal as well as LP. My guess is that they will complete the ramp at LP. I don't expect any big increase in share prices for at least a year. Probably continue to trade in the same range as the last few months. Those who were speculating last year about a sale,never actually had any information about the discussions, nor read any of the documents filed with MICI and others. Like preaching to the choir telling the foolish that the company was not for sale. Just chafe blowing in the wind. We should be profitable by Q4 if POG is stabilized. Stockpiled gold can be processed very cheaply.
IR at FQM says they are working on final draft of Engineering Report so we will have much more public information soon. There are some really big changes there to justify all the extra money they are spending. about $500M more instead of 1.5B less than Inmet. Personally I hope that PTQ keeps most things under wraps until they return to profitability. Any time they publish news good or bad it is not welcomed. Better to let the lemmings run and pick up the cheap shares. Share price is probably the last thing on anyone's mind as we are not issuing shares and concentrating on positioning for the future of Cobre-Panama.
Most important thing now is the election in less than 60 days. I think it will be closer than most believe. Navarro was talking again yesterday about shutting us down permanently, but I don't believe him. The election has the potential of affecting us more than any other issue, yet no one on the boards is evening following the run-up, or the polls. Nice endorsement about an hour ago that will bleed off some more votes for Arias! Varela is toast!
2014-03-09 — 11:58:00 AM — Lo que era un secreto a voces ya se reveló. La expresidenta Mireya (1999- 2004) dijo oficialmente que apoyará la candidatura del oficialista José Domingo Arias para la elecciones del próximo 4 de mayo.
"Oficialmente apoyo a Arias porque es el que reúne todas las cualidades para gobernar y empezaré a caminar con él", dijo Moscoso durante la culminación de la misa de Jesús de Nazareno de Atalaya en Veraguas este domingo.
Ese era el mensaje tan esperado que dio la exmandataria, quien con un traje morado y gafas oscura negó que haya sido un pase de factura, ya que Varela no apoyó su candidatura cuando ella fue candidata.
Moscoso afirmó que los tres candidatos son personas preparadas, sin embargo explicó que Arias no representa la vieja política y de persecución como otros.
