Hi rjbac,
Glad to see that someone is still around. I don't know about the reasons for this pullback but on the other hand I don't know the reasons for the rally we had a few weeks ago....
It seems like keith said in his last post that someone is maybe playing with this stock, because it has made manytimes in the past rallies from CAD 1.- to CAD 1.7 and back, etc...
Theses guys are in production on their Nueva Condor Mine and should generate about USD 2 mios per year. So revenues are starting to come through. Plus, you've got Tres Cruces property which seems to contain at least two to three million ounces (probably more). Just waiting for further drilling results. So, all in all, good times should come ahead. But how many times did I tell this to myself...??
BTW, what are the proven reserves on Nueva Condor ??
What is the production cost ??
For what I can remember, they were apparently going to do more exploration on Nueva Condor. Has anyone an update on this ??
I wish the company would update more regularly about their progress. It has been some time we haven't had any results from them on Tres Cruces. But, as they stated, they were also hit by "El Nino"....
Anyway, still holding tight, hoping and wish ZEUS would appear on the thread for his latest updates!!
ZEUS ???!! Where are you ??!! This stock seemed to have you upbeat in the past !! What's going on ??
Best regards and sorry for this long post but as it is dead, I think anyone has time to go through it,
Paul in Geneva,
3rd post on SI for today, so no more..................until tomorrow!!
|
