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AGREED...however, then PTQ should stop mentioning and or anticipating/ putting print when they think it is going to happen. Mentioning specific months is ridiculous if they have no control. They should have some sort of disclaimer in their presentation stating something to the effect of..."we hope it happens during the time frame we have mentioned, HOWEVER we have no control over it and we hope for the best" HA !!!!
Is it just me or didnt it say JUNE before (as opposed to circulated shortly) ????? Taken from Corp presentation today.
PTQ finalizing spin-out documentation. Dialogue with regulators with respect to the transaction has been initiated. Proxy Information Circular expected to be circulated shortly.
? Special Meeting of Shareholders for the approval of spin-out transaction expected at end of July
Just because someone voices their dislike of what has gone on doesn't equate them to a basher. I personally have been disappointed to say the least, but I'm not a basher by definition. When PTQ pulls up their boot straps and does what they project, more specifically on time, I will climb to the highest mountain and praise them. But for now I'm looking up the mountain from the bottom.
Well I just checked the latest Corp presentation and this is what is states:
"Proxy Information Circular to be circulated in June followed by a Special Meeting of Shareholders in July".
Well it has to be true because it was in print....JUST LIKE THE PRIOR ONES !.
I also contacted PTQ and it went to an automated system and then you may leave a message ........what a joke. This is is a major Company and no one answers a phone.
I wonder if the PP holders are going to buy all those shares when they go to .15 after the spinout. MAYBE they can average down ! HA.
At the present time and for the last year for that matter this stock (sp) has been a POS. Nothing they do, claim to do, expect to happen, hope to happen, forecast , predict, has helped the sp in the least. The only way this is going is down at the present time. IR is better then what they were some time ago but they just blow smoke in an attempt to calm the masses. The fundamentals are there but they, PTQ always fizzle in the end. The delays are constant and the results are more than disappointing to say the least. Why am I still here....because I have too much to lose so all I can do is vent because this company up until this point has not given me anything to cheer about.
I hope one day someone will tell me " I told you so", but up until then this sucks.
Well so much for relying on zacks predictions/expectations.
Corp pres updated
What about post 15177 offered by PILK ??? Was Ms Head not correct with her info re the 4th ball mill when it came to the info. Someone is fibbing !
Combative??? I asked him about info from his contact in Vancouver. He already gave info to the board in regards to what his source stated re PDI. I was simply asking or suggesting that his source would offer more info re his other questions....it's very simple. Correct me if I'm wrong MJ but you do ask the board questions already knowing full well what the answers are just to be funny/sarcastic. Am I wrong ??
You folks need to get thicker skin and not have a hissy fit. Dont read into a post where there are no hidden agendas.
Brutal
I'm pretty sure you already have all of the answers from "your source"
Have a great weekend
Thanks Pilk
That's great but you missed my point. I don't know how long you have been on this board nor how long you have been invested with PTQ but this carrot has been dangled in front of investors for a very long time . Now they put it in print in the corp presentation with dates and still nothing.
I respect that you don't care when it happens but come on you are not looking at the greater picture.
Even MJ doesn't like it.....what does that tell you and he is always optimistic about PTQ.
Has anyone on this board had any communication in the last few days with IR in regards to this debacle with the PDI spinoff ???? Please review the corp presentation if you have forgotten about it because it is quite clear.
Aren't any of curious???
Aren't any of you worried about what may happen from investors ???
I'm not saying that the sky is falling but come on PTQ ANOTHER missed date !
We have not had any really good news that has propelled the SP in a very long time. We are do for something.
Why don't you call them and ask. I tried yesterday but there was no answer in Toronto....what a surprise.
I appreciate your response but based on what you are saying, this WILL NOT look good for the Company when this falls through. People will say WTF...another debacle that they (PTQ) couldn't control. It doesnt make sense to me. By that I mean they have set a date, and another date, and another date and then a final date that according to your source will not be met, yet they have done nothing as of yet to put the brakes on it. I do not know what was/is involved in this spinoff( other than a lot of red tape/ gov't involvement, etc) as I have stated in the past I have never been apart of one, BUT Im not the expert....PTQ is and for that they should be acting like professionals.
If I am way off base then please disregard and chalk it up to me "not getting it".
So who is your source in Vancouver because when I attempt to get info I am re-directed to Toronto to speak with Ms HEAD as in the past. Who is the "horse's mouth" you speak of specifically ?
No cheap shot MJ just my observations when the market opened. Why else would those people have sold after returning from a long weekend. You guys are so touchy when someone else says something.
IT WAS AN OBSERVATION WHEN THE MARKETS OPENED !! NOTING MORE NOTHING LESS
PETA....are you looking at the glass half full ? What I mean is that how do you know about the reserves and the possible JV ? Are you truly in the "know" or are you guessing/hoping/speculating in an attempt to be optimistic ?
Just curious
PTQMF got kicked in the balls right out of the gate. I guess that news wasn't "so great" for some investors after returning from the holiday weekend.
So what you are saying is that it is a waste of everyone's time, more so yours, as ALL of our questions are answered if we take the time to read the literature. That's great and I appreciate that but all of this great info didn't seem to propel the SP at all now did it ? Are you saying that the retail side is ignorant/oblivious to this info and as a result, sell thus bringing the SP even lower? So, seeing that we shouldn't ask anymore questions as all the info is public, then may I as you what is going to propel us now? Is it going to be the progression of oz's mined each quarter when the mine is at full operating capacity, will it be Spain, will it be involvement with Inmet ???? What will it be ?
TORONTO, CANADA--(Marketwire - May 18, 2012) - Inmet Mining Corporation (TSX:IMN) (Inmet) today announced the closing of its previously announced offering of US $1.5 billion aggregate principal amount of 8.75 percent senior unsecured notes maturing 2020 (the "Notes"). Inmet intends to use the net proceeds to fund the development of Cobre Panama. With this closing, the Inmet Board has granted its approval to issue Full Notice to Proceed and start construction of Cobre Panama.
The offer and sale of the Notes is not registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The sale of the Notes in Canada is conducted on a private placement basis pursuant to certain exemptions from applicable Canadian securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any offer or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Are you guys really surprised that the numbers aren't in as of yet ?????????????
Thanks Anski everyone was wondering how they pulled that off.
I have not checked my email today for a response but the replies that were posted were basically my questions as well. I disagree with your statement in regards to "only the cluelees seem to get their blood pressure up" as I know that I am not clueless. I came into this with both eyes wide open and will leave the same. There is nothing wrong with people venting as it is one way of expressing frustration which is reasonable at this point in time. Fundamentally, we should have been a lot higher of where we are but that too has not occurred. We just keep going down and down and down. We (you) always joke about getting good news followed by the SP depreciating....I would like to know what it will take to actually appreciate to at least last year highs. I hope one day you will be able to say..." I TOLD YOU SO " but I also hope that arrives before I leave this earth so I can enjoy it. Solely based on fundamentals, the SP is waaaaay off base - I think we are all in agreement about this.
Yes MJ I did say that this was a disaster and NO I did not sell one red share because that wud have been suicide on my behalf. I, like other people have no option other than to wait it out and yes complain about the situation at hand. Congrats to all the people who purchased at these prices however I was not one of them due to restraints....oh well. Personally losing twenty percent in ONE day is/was a disaster to me PERSONALLY. I haven't had the time to look as of yet but the feeling I am getting from the board is that NONE of institutional holders sold one share.......IS THAT CONFIRMED because there were A LOT of shares traded combined.
Well we made the front page of stockhouse ....go look you can't miss it !
MJ, I can't believe you had the stones to ask/question members if they called PTQ. I truly hope that you were joking as they still haven't responded to my emails nor my phone messages. That is their M/O. I suppose you spoke with Ms Head today ? Has anyone on this board other than MJ, receive a reply within the last week or two or three from IR ?
Short term issue ??????? Who cares.....we were kicked in the nuts today because of a debacle that should have never happened in the first place. Is there anything else that will go wrong other than not making our projected quarterly numbers ? Has anybody paid attention to the numbers of shares traded today as a result of this issue alone....I'll tell you it's huge. Well over two million on the TSX ALONE ! Sure it's a buying opportunity but I get tired of hearing that. A buying opportunity is only fruitful if the SP goes up, not continuously south. And why is everyone so sure that the reserves are going to be escalated??? Are we guessing about that too ? Am I frustrated you bet your ass. So much for emotion
You tell me not be sarcastic......how about not being disrespectful and ignorant. Talk about a personal attack
So, what time line are we looking at for the "PROPER" documents to be filed on SEDAR for all to see ?????? I would love to call the Company but I think they are a little bit busy right now !! HA
At these prices if the Company doesnt gobble up as many as they can a) to keep the SP up and b) because they would be idiots if they don't considering their "promise" to shareholders.
.30 !!!!! Well I think it is safe to say what the Retail market feels right about now.
.30 !!!!! Well I think it is safe to say what the Retail market feels right about now.
And the moon is made of cheese as well. Prove it to me.
Ok if we are going to blame BD, I thought they were the be all to end all.....I thought that they were credible......APPARENTLY NOT.
So what the hell are they going to do in New York when it comes to their presentation? Are they going to make up the numbers considering the current stats are not reliable at this point! This is gong down tomorrow guaranteed. Sorry MJ everything is not groovy.
WTF is going on with this company ???????????
LOJ, I would love to tell you after IR gets back to me about it, but even after sending an email AND a message via the phone, still no response. Maybe it was my tone ??? HA !
Everyone tells me to relax but once again it's things like this that add fuel to my fire. I asked descent questions using the finest words in the english vocabulary to them in an attept to obtain updated info re the Company and they offer no response.
I AGREE, more so when FIFER states specific dates during the CC for PDI. I just can't get my head wrapped around how it is handled. It's the waiting that is killing me personally.
That was one of my questions for Joann but she NEVER returned my call today and still no response via email...go figure !