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ratherbefishin

08/01/13 10:58 AM

#21152 RE: VBgood #21151

Compared to buying Inmet,FQ could pick up PTQ for chickenfeed-gold prices are down,PTQ's stock is floundering and there have been questions raised about them paying their bills on time.PTQ has one thing FQ needs-the land,not some low grade marginal gold mine.All they have to do is sit back and wait for it to fall into their lap for pennies

I have always considered PDI would be spun out-at some point,eventually ,but now I'm wondering if the fact it hasn't been are either the creditors won't allow their collateral to be diluted-or FQ sees that PDI has value to them and is part of the package and that is why PDI hasn't been spun off.

mjkiii

08/01/13 11:27 AM

#21153 RE: VBgood #21151

Thanks VB, long term good news for PTQ.

I believe the vocational training a joint effort by FQM and PTQ. Road building is continuing as it is relatively low cost and there will be a big push in the dry season. The power plant will also supply us and we will get out of the high expense diesel fuel business. PDI's experience and expertise on site is a benefit to FQM with all of the transmission work to be done.