Beats silence. Now says just ONE other party and basic agreement with details within next few weeks. Back to the June -Dec flow chart on wall but ALL have heard it from the source. Recall, figure was $83.6 million 2014. So Tuesday comment will be I neither lie nor misquote and will hang as only possibility anyway.
“We have struck an agreement in principal that will be a win/win for both parties including our shareholders. Both entities are committed to seeing the Santa Elena/Julio property brought to full production. We hope to have everything completed in the next 2 weeks.”
The company looks to have this property in full production by the end of 2014″
“Ocho Hermanos property, which is located 100km SW of Hermosillo, Mexico. This property will be drilled to show a proven reserve once our flagship property is in full production. Preliminary drilling on this property has been extremely promising”
Mention of Ocho Hermanos also a point of my visit. Has a large silver sulfide boulder he mentioned and I said Yeah I carried one half that size thru Tucson X ray Sept 2011 visit. TSA couldn’t believe it. Actually a valley of solid silver, just difficult to unlock to value in economical manner. Will require a substantial plant and that can be possible with Santa Elena working. 8
Hope this is the real deal. I also hope Paul realizes that all you have done is defend him. You have backed him up at every misstep he has made.
Usually missteps corrections are the only way to learn. If something has never been done and the answer obvious? Someone’d already done it right and opportunity never arise. 8