gold breakout imminent, page-12

FGSTR:
"the price of PGI will be determined largely by how quickly and how well the mine ramp-up goes."

I couldn't agree with you more on your statement above.

A rising and steady gold/silver price is important but what good is that if PGI does not produce the goods as planned or expected.

In my previous posts I have stressed on the importance of achieving good progress in the ramping-up phase and Management should focus their attention to this end.

Pursuing and suing equipment vendors not only takes up valuable management time but may also prove counter-productive for the long term because good vendor relationship is important for ensuring that the production process operate at an optimum level with minimal disruption.

Once the target production is reached and successfully maintained, the rest will more than take care itself. Profits will start to flow, gross margin and cash in-flow will start to grow and project loans extinguished very quickly, latter a non-event.