Chile - Argentina - Gold

Focussed on the discovery, evaluation and development of mineral deposits in South America.

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I see that there has been no activity on this board for a while.

I sold my position some months ago but I feel that the share price has gotten very attractive again and the company is really moving towards a feasible project. They just need to get the right JV (or buy-out offer). There is just too much gold in this project for it to go away.

My rough calculations tell me that it's priced about about $10/ounce in the ground. Regardless of the altitude and the other infrastructure issues, that is CHEAP.

So, I took another small nibble today. This baby looks like an easy 5-bagger from here. Maybe more.

- panamax

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