I am proud to announce that La Mancha Resources was added to the AGORACOM 100 this morning. As investors will see below, La Mancha’s gold production and resources make it another worthy member of The AGORACOM 100, a group of elite small-cap companies that separate the wheat from the chaff.
La Mancha is currently focused on increasing 2009 combined Gold production from its 3 Operating mines to 100,000 ounces, as well as, continuing to prove up resources to 4 Million Ounces by 2011. La Mancha trades on the TSX under the symbol LMA.
Highlights include:
- Production of 71,550 ounces of gold in 2008
- Production target of up to 100,000 ounces of gold in 2009
- Total M&I Resources of 1.8 million ounces of gold
- Goal of increasing M&I resources to 4.0 million ounces by 2011
Recent News:
April 14th, 2009
La Mancha’s Conceptual VMS Deposit for Hassa Property Increases to 60M Tonnes
March 27th, 2009
A Profitable 4th Quarter Consolidates La Mancha 2008 Year-End Financial Results
Conclusion:
Congratulations to President/CEO, Michel Cuilhé and his entire team for not only building a great company to this point – but for making La Mancha an open and accessible public company. I have gone on the record with my statement that the best CEO’s of the next decade will be web driven. Everything I have seen since that statement only further confirms it.
In the case of La Mancha, we have a company with great resources and already into production, with bigger plans ahead. As such, it just makes sense for the company to get online and begin interacting with both current and prospective shareholders, with the goal of building a large and long-term shareholder community.
I’m very excited about La Mancha and looking forward to their progress into 2011 and beyond. So should you. To get up to speed on the company, here are some helpful links:
La Mancha 1 minute snapshot
La Mancha HUB
La Mancha Electronic Shareholder Forum
