Petaquilla Minerals Ltd. (fka PTQMF)

[ratherbefishin]

I put the blame solely on management,PTQ isn't the only junior miner to deal with the POG,they ALL have had the SAME challange,the difference appears to be that in our case,management was either totally incompetent,didn't take into account the cyclic nature of thePOG,or was riding on the wave of naive starry eyed
People mesmerized with gold fever who evitably get drawn into the flame like moths thinking they have found the road to riches,and management counts on those people.I have no problem paying for COMPETENT management,but be darned if I want to reward INCOMPETENCE,or people living high of the hog on generous remuneration packages ,expense accounts and those ever so lucrative 'finders fees' they get for raising equity capital,which ironically may be required as a result of their own overspending or pursuing some pipe dream that appears to be done for the purposes of maintaining interest or compensating for the lack of production