whats it worth??, page-6

Loving the back of the paper calculations but that's all they are .
It's been a month since the last production update which consequently has led to the price floundering .
Surely it can't be too hard to release something that says all is going to plan as has been the case in the previous months .
At a time when Gold has been touching yearly highs an Announcement or 3 on production would surely have kept our heads above the 15 to 15.5 cent mark .

PGI were always one of my favourite stocks for keeping us up to date but nothing of any note , apart from the below release , only leads to suspicion , which in these times is hardly what we " believers " need .
It's great that the below announcement finishes with " the plant , operation & extraction continue to improve " .
Well bloody confirm it then !!!

ASX/Media Release

14 September 2012

PRODUCTION UPDATE, LAS LAGUNAS GOLD/SILVER PROJECT, DOMINICAN REPUBLIC

PanTerra Gold Limited (ASX: PGI) (PanTerra Gold or the “Company”), advises that subsequent to the Company's announcement on 10 September 2012, the suppliers of the undersized IsaMill to the Las Lagunas project have advised the change over from a 3m 3 to a 5m 3 mill will be completed and operational by 24 October 2012.

The new unit will be installed during a 48 hour plant shut down at the supplier's cost, after airfreighting from the manufacturer in Germany.

This will shorten the previously anticipated production ramp-up by several weeks and should bring forward steady state operations to November/December 2012.

Irrespective of the IsaMill issue, the Albion/CIL process plant operation and gold/silver extraction, is continuing to improve.