Post by
Blazesb on Sep 16, 2018 2:06am
If In Colorado This Friday...
...Alain Bureau repeats his May presentation at the Cambridge Forum which, itself, was a rehash of Jon Goodman's performance in Vancouver last January then, yeah, I will be p'd off.
Without news of real progress--ongoing drilling with assay results pending from the lab, without news of that sort, good intentions won't cut it for me.
I will balance any disappointment with Bureau against what got me on board Toachi in the first place--the WHOLE Toachi story.
Ecuador remains a mining jurisdiction in turnaround. All sorts of majors and juniors are getting in. Sol Gold is getting a lot of attention these days and, eyeballing the map, it's project isn't very far north of La Plata. The Ecuador 'story' will only get better.
Toachi's share structure remains intact and tight. A combination of Goodman's backers and Bureau's Pershimco investors...all of whom are nicely underwater and therefor, presumably, motivated.
There just remains the 'small' matter of exploration, drilling, proving up the resource and the PEA first promised by Goodman last January for delivery Q2 18. It's overdue.
It's well, good and fair to acknowledge that metal producers and exploration juniors have slipped back into a bear market courtesy of that orange haired stable genius and his trade war.
These days, in the same boat with whole sector, Toachi is swimming against the tide. But that doesn't make it acceptable to tread water waiting for the tide to turn. And if after this Friday i think Alain Bureau is treading water, then, as i said i will be p'd off.
Toachi must swim.
Comment by
Aurelian on Sep 17, 2018 1:39am
UPCOMING EVENTS Precious Metals Summit Thursday September 20 to Saturday September 22, 2018 Beaver Creek Resort Presentation Presenter: Alain Bureau, President & CEO Friday September 21 | 5:30 PM (MDT) | Room 1 - Gore Range Hall