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mjkiii

01/28/11 4:36 PM

#7318 RE: Implanting #7317

Realistically I do not believe there are enough people in the retail market that have even a clue as to what is going on in Panama or the real potential of PTQ/PDI. While all of us have been involved and around this company for a sufficient time, discussing it every day, so we can see what is actually happening.

My guess is that they will try to push the shares to above $2.00 ASAP, but I am not sure that they can do it.

Once the Q3 earnings come out and show more improvement maybe we will be noticed a little more as the reports will reflect our debt free status. However, when the Q4 and FY 2011 audited reports are published on August 30, 2011 that will be the real launch all of us are hoping to see.

Depending on the PDI spin out and the contracts that they have along with the excellent Q4 numbers that are part of audited FY books we will move sharply higher. I think $3.50/SH is reasonable and maybe even $5.00/SH, by the end of September, if exploration results triple our reserves. By that time we should also easily be producing at a rate of 150,000-200,000 oz./yr with the expanded plant and heap leaching in full swing.

Patience will win the day for those willing to continue adding on dips and ending the year with a maximum number of shares. Long term, anything under $2.00/SH is a bargain. I cannot time the market and we could well take a Salvo dump in the interim, but that means nothing if you have not sold, and you can always average down if it really goes south for a while. JMO...