i take for granted this is going to be re rated about 3 more times in the next 18 months
what im interested in is the next phase of this companies development
at the moment were a one hit wonder as good as it might be
nothing wrong with monogomy but i prefer for them to have a few extra beauties on the side just in case
clearly cuca is the next cab off the rank
how long? a year?
they stated last year that they had a separate exploration team so as to accelerate those activities in parallel
so where is the news on that?
shallow drilling of espanola was mentioned in the last quaterly,but nothing on tintero
last mention of drilling at sertao was jan report
i reckon the customs stuff up has severely dented their predicted cash flow and plans
we wont have a decent assessment of grade and cash generated until the last quater of this year at least
its going to be next year before the other projects can be even start be funded for exploration (after options expiry in Nov)
so i cant retire until it hits 2 bucks which at this rate is going to be 2018
ok
just dont sell guys
accumulate with all spare cash and watch your wealth grow
ramble ramblr
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