RE:RE:Private placement offeringGardner555 wrote: Well, PIF must have another project in line or they would not have gotten the $12-15M ready. Will increase interest expense until money is spent and next project in on line.. so maybe couple years. Peru will not really be producing until Jan 2020.. will be interesting to see how market views this development.
Personally, would like another chance to get more shares at 8 or 9 again. We shall see.
The hint of diversification should drive the share price higher. The current country discount of the share price screams diversification and that’s what’s happening in front of our eyes. I was adding significantly between $12 and $11 in the last week. The current $11 PIF shares after this news and Q1 guidance of $21M CDN Ebitda is a recipe for a $20 shares in 2019. The cash flow machine and expanding Latin America producer is doing well!