RE: RE: RE: Am I Right? Unfortunately,,we will see some weakness with the news of PMU getting De-listed from the Amex.
But,,,I think management really made the correct decision. Put your talent and money into a new project while you wait for the Cafta decision. Nothing changes on the CAFTA front,,,once we get that resolved,,,the stock price pops. And,,,it is hard to imagine a bad CAFTA ruling IMO. PMU should win,,,,and they either re-open El Dorato or they get 70 million cash. So,,,the day of a favorable ruling is the day the stock recovers and the day the road to production makes a serious ramp up.
They can loose El Dorato but get a cash payment from the government of El Salvador,,,,and then use that cash for the new project in Panama. Very good news