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Post by driller on Feb 26, 2005 18:38:37 GMT -5
daily by now down there in Portovelo given the time frames that GEMM had laid out for shareholders several months ago. Just because there are no PR's outlining in detail read between the lines and remember that Ecuador is still humming along regardless of what is going on north in the US. They are more than likely ramped up with 24 hour crews running around the clock or close to it by now and that means they are extracting gold hopefully lots of it.
Look at the article I uncovered about the COD Mine being granted their permit to operate back in Dec and ramped up in Jan... so since Ecuador hasn't had any news do not assume they are idle here by any means.
I believe when CMKM files there will be evidence that operations are cruising along through partnerships regardless if there is a profit or not it will show they are in operational mode which will be just the beginning.
I believe we will see the basics with a few things added in... valuations could come out of any filing as well. The cool thing is now they are positioning themselves and it could take more time for which I am prepared to wait several years if I have too.
I think it would be great to catch everyone off guard with results from operations that no one cared about or have forgotten about.
;D
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