That is the difference!
Traders see only profit when they sell and of course incur taxes. Investors see "profit" in a different sense. It is the building and accumulation of wealth through diverse building blocks. Let me try to explain...
Just for the sake of example, you buy PTQ stock and over time accumulate a large amount. The company grows over a long time and so does the value of the investment. You never sell your shares, but perhaps from time to time pledge some of them as collateral for additional monies used in other endeavors such as farming, real estate purchases, etc.. You just keep slowly building wealth in many directions based on solid investment. No taxes, no publication of worth, just more assets.
A PTQ example: If you recall I tried to raise some interest here in real estate on the Caribbean side of Donoso. It was derided and no one sought interest. Yet some in Panama who had bought stock in PTQ @$0.035 to $0.040 a few years earlier we able to privately pledge the stock against the money to pick up the land. If you recall I posted when the land was sold for development, and there was a 2,200% profit in three years!! Same thing was done with a hotel, and now there is interest in oil exploration.
As long as those taking the PTQ pledged security were as convinced as the owner, the potential of the company allowed for the other more short term investments and a huge profit. Some Panamanians invested in our company believe that the future is much greater than even anyone here has ever speculated.
There are even those who firmly believe that at some point in time the infamous Cerro Colorado copper deposit will fall into PTQ hands, because of the work done over the years to lift up the peasant population. Their relatives on the Comarca are well aware of the five fold increase in their standard of living, trucks, schools, hospitals, roads, electricity. The Catholic Church is deeply involved in this evolution.
The mining sector is just beginning to be developed in Panama. It will be fifteen to twenty years before it grows to the size it can, given the reserves available. Those in Panama, of all political stripes, are making sure that their families will have a large part of the pie in this, and other sectors, as the country grows in wealth. That is the big difference between trading and long term investing. My comments are not intended to dismiss one in favor of the other. The perception of the company and its future are just diametrically opposed. The large stockholders in Panama are looking at a very long term horizon and a large wealth appreciation. The traders are looking for a quick ROI as they jump in an out.
Finally getting over the hump with this loan means very much to the long term potential and validates sticking with the company for all these years. I have no idea what the share price will be a year from now, but as the ability to borrow more than our market cap privately demonstrates, there are those who see and respect fundamental value. The share price might go up or down 20% on just a couple of million shares traded. Some days it has moved 5% on less than 500 shares. That means absolutely nothing good or bad.
As to PDI future, the country has committed $19B dollars to infrastructure over the next four years. Most of it is within seventy five miles of our deposit of aggregate. Our cost per cu. yd. is about 1/5th that of anyone else. The executive branch spends the money in Panama. No worries!!
Back to football!!
News 
Market Data 
Discover 
