RE: RE: Record production Another thing that the analysts were not very happy about was the lack of a permit for the new tailings facility. Buried in the production release was this:
The Company noted that it has received notification on April 3rd, 2012 from the Peruvian Ministry of Energy and Mines (Ministerio de Energía y Minas) outlining its observations on the construction permit of the new tailings facility and granting thirty days for a response. The Company does not view the observations as material at this point and is confident the observations can be addressed in April.
Hopefully this can be addressed prior to 1st quarter financials being released and drastic s/p slide can be turned around sooner than later.
JMHO
Hourglass11