Wednesday, March 05, 2008

I'm Back in Canada (Boo Hoo)

I'm back in Canada, just in time to experience yet another snow storm. Nuts. And apparently there is another one brewing somewhere out there and will be heading this way soon.

As usual, I had a great time in Panama. I met two partners in our Roca Milagro project that I had never met before. I am very particular about with whom I do business, and was pleased to find that the gentlemen in question are as good a fit into our organization as I had hoped. They are nice to spend time with as well. I personally screen and approve everyone who comes on board as a shareholder and in the case of these two men had to rely on telephone and email exchanges to make my judgment.

It appears that we have no more shares to sell in our company. Several existing shareholders, after visiting our site, decided our project was such a good opportunity that they decided to buy up the few remaining shares. We have a really great bunch. Most of us had meals together every day and several of us would drop in at Cocktails in Boquete, in which another Roca Milagro shareholder and I are partners. I haven't laughed so much in years.

There were disappointments too. Things sometimes move at a snail's pace in Panama. Although we managed to improve the road between Rovira Arriba and our development site on time, the approvals we are waiting for to begin road construction inside the development itself hadn't arrived by the time I left Panama. We have graders and bulldozers and dump trucks and rollers and who-knows-what-else waiting, but we can't make a move without that final stamp of approval. We are now told that it should be forthcoming this week. Let's hope.

I met some great new people, including Pete, my partner in the Cocktails in Boquete bar and one of his delightful (and pretty) bartenders, Sandy. Pete hired two more bartenders, Yaris and Maria, after I left. I will have to wait until my next visit to meet them.




The trip was too short. I didn't accomplish everything that I had hoped to, so I guess that means that I will be heading back soon, unless I can delegate some of the chores to my partners already living in Panama. Should I? Or should I simply hop on a plane again at the earliest opportunity and take care of things myself? Hmmmmm, let me think . . .


  1. Welcome back... sorry about your uncle...

  2. Thanks, motherpie. I'll miss my uncle, but I wouldn't miss the weather here if I never experienced it again. Since I got back from Panama we have had one snowstorm and are now on the cusp of another. Yuck.

  3. I think another in-person visit would make MUCH more business sense. Absolutely. No doubt.

  4. We got about 15 inches of snow overnight, Jean. I'm about ready to go right now.

  5. Weather?
    After looking at those pics, I'm ready to go just for the companionship! ;)
    But the weather has been decidedly unspringlike as well...

  6. There are a lot of great people there, Ted, besides the Panamanians: Americans, Canadians, various Europeans and those from other Central and South American countries. Many are there just to get away from it all; the hassle, the taxes, the cold, the overbearing governments, whatever.

  7. Just saw a post on the Cocktails in Boquete site that it had been closed down. What is going on?

  8. There is a lot of he said/she did sort of stuff going on between the local partner and the landlord. We are trying to sort it out. It's a shame, things were starting to cook along nicely down there. We'll see how things turn out.