RE:Cosala - new articles in Mexican media Ran t'hose articles through a translation app and this is my take on the situation. Note, this is not a sophisticated take on the Cosala debacle. It's just a first glance gut-level response to USA's problem down south. I welcome any constructive criticism.
- Will we ever get back to business as usual in Cosala? Maybe, but I doubt it. We might win this dispute but were operating in a bad place with a lot of bad hombres running around and maybe were yanking on the chain of the wrong people. Going forward we will need a lot more security at the mine and that won't guarantee anything. If silver ever gets to $100 an ounce these problems will magnify.
- We've been looted, so it will take a significant amount of money (more dilution?) to get Cosala up and running. Whatever D.B. says about how much ($) or how long it will take, I'd double it - what makes you think he will be able to deliver on these promises! Note, stateside we had a problem with a single piece of equipment (a stacker) and we went on tilt for months. Consider that when thinking about getting Cosala back on stream.
- In the 21 months I've owned this stock, D.B. has been an unmitigated disaster to the value of our stock, so much so I can't watch him on youtube without getting a gag-reflex, but due to the complicated nature of the Cosala situation, were being 'shook-down', I'd go easy on hm with this one.