Couple of comments to add analysis to this news item:

Carib says:

"IMO, this is the most positive news to come out of Lamaque in a very long time. I was always wondering how much of the grade control issues was due to unhappy workers who felt they were screwed by the old (PK) management and weren't being properly compensated now. A Century miner from Lamaque, Rick, used to post occassionaly here and he expressed the union's frustration and displeasure on how the miners were being treated.

This is a big step forward. I'd like to see the company set production targets and pay the miners bonuses on reaching those targets.

It feels like we have lost a whole year, as we don't appear to be much further ahead than we were this time last year – except our equivalent CMM share price is lower, but a lot of other junior companies shares have suffered as well so we are not alone in that respect.

It looks like the company is starting to get its ducks in a row. The next thing I'd like to see is an announcement on the opening of a new Canadian office that was promised in a recent Sedar filing."

Relic says:

"I think this also eliminates any fear of a squeeze-out by Max and Sergey. If they were looking to "steal" the asset they would not have bothered with settling this dispute.

I'm still hurting from losing 60% of my shares after a long hard battle but I haven't sold a single share and believe the very near future has never looked brighter."