Panama Red 108 is a Panamanian rum brought to you by PANAMONTE BRANDS. The rum is handcrafted by Master Blender, Francisco “Don Pancho” Fernandez. It is produced from the sugar cane that grew in Las Cabras de Pese, the same region where the Distillery is located. Although the rum is stated as overproof, when I received my first sample bottle two years ago in Miami, Don Pancho assured me that the rum will feel much smoother in the mouth than a typical overproof rum. (He was right!)
It has as its base, a 3 year molasses based rum which is aged in used Bourbon casks at the distillery warehouse in Pese. That a three-year old rum makes the countdown list is impressive, that the rum is as well, an overproof bottling (bottled at 54 % alcohol by volume), is a testament to the blending expertise Master Blender, Francisco “Don Pancho” Fernandez.
# 29 – Panama Red 108
Note: For the record, I like overproof spirits. Not only is the alcohol content stronger, but flavours and aroma are also more concentrated. This gives me more versatility when I consume the spirit to find my own sweet spot of flavour. The Panama Red 108 gives me the versatility I desire. But, more importantly, the Panama Red 108 is an excellent sipping rum!
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If you are interested in such things, a detailed explanation of how I came up with this list is available here, 
When I opened my website, my absolute favourite rums were the 7 and 12-year-old rums of Flor de Caña. And my initial scores for these two rums reflected that love affair. When I want to kick back and enjoy a nice drink, either one fits the bill nicely. However; I have noticed that my yearning for each of these rums has dimmed lately. Other sexy new rums have come across my palate, and I reach for the Flor de Caña less and less.
The Rum Howler Blog 