Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I thought we discussed this months ago, that is about PTQ's office in Toronto.....didn't we?
MJ...thanks for that number in your post, however I was redirected to the Toronto office which is 416 572-2411 if anyone is interested. I am waiting for a call back from Joann and will post info if and when I obtain the answers I seek.
Yes JAL but it is in a nice cozy room with the updated Corp Presentation and the PDI circular ! HA
One of my questions to IR was in regards to the Corp presentation or there lack of on their web site. The only thing I can think of is that they are doing a major over haul thus revamping for the upcoming New York presentation. We shall see.
I don't know if anyone ever asked you but what did you mean by this post. I'm sure the board would like to know. If you have info share it, if you are guessing....what is the point ?
Specifically.....no one. I sent it to the info@petaquilla. Who should have I directed it too and does it really matter in the end. The answers should be the same across the board
Today I sent some questions into IR. I know that I, along which members on this board are small fry retail guys, BUT when it comes to getting answers in regards to the updated BD numbers, along with what is going on with PDI, the corp presentation, etc, I personally feel I shouldn't have to call them and ask them (even though I did). It should be common knowledge for ALL. I'll bet my left nut that the big boys know what is going on.
I hope to get an answer from IR soon and I will advise the rest of the board.
Here is the other thing that bugs me about these boards....some people say "wait till next week because that's when the lid is going to be blown off this can". Why do people say this stuff ? Are you trying to pump ? Do you actually know something or are you trying to make yourself look good because when that day comes and goes and nothing happens you look like a donkey ! If you are going to share something with the board then back it up with something.
I love a good rumour as much as the next guy as it allows the board to communicate about another possible scenario. However, let me ask the board this question, keeping in mind that I have never been involved in a spin out.....I understand that it takes quite some time for a spin out to occur based on the TSX rules,regulations, red tape, laws, etc etc. The end of the month is now upon us and still no circular (as promised ). If something is brewing then I can understand the delay and appreciate it. But, if this is just a rumour (and so far it is) and the end of the month comes and goes, how many people are going to be just a little bit pissed when management bumps the date further and further down the road ???
I appreciate MJs intell where he states "we received confirmation yesterday that the PDI circular had not been issued yet" but I could have told you that by looking in my mailbox. That type of info should be made public by the company very soon, not by me making a call to them to inquire about it.
I realize that this proposal (dates) have been in the works for some time but when will this actually come to fruition ? Your guess is as good as mine.
Have a great day.
Great news for Inmet and us (eventually). Waaaay too bad we couldnt skyrocket like they did today on great news. They were up just over $2.00/share. Everytime we get good news we go down...Brutal.
If I could get out at $1.50 - $1.60, I would be very happy.
Is it just me or is the Corp presentation on the web site still down ? And secondly, why is that fact sheet out of date ? Im not going to send IR a question about it, I just find it to be unprofessional. IMHO.
The information in the presentations changes almost weekly depending on the conference such as the projections. They just keep going further down and I understand why, but the point is they were set waaaaaaay too high to start. Second, WTF is going on with the forth ball mill? Did I miss something? I thought we were told it was being delivered shortly. I have read in the some of the posts it is now November? Does that mean delivered or operational? How will this effect Zacks projections and will they now re-issue newer projections ????
Looking forward to PDI if and when it happens. Looking forward to meeting goals if and when that happens as well. This company is like eating a bag of bits and bites......every handful is different !
Just go on the ICMI website MJ.....it's there
Nothing on SEDAR as of yet for any updates and the Canadian Insider shows that there have not been any more purchases since March 29/12. They could buy shares .10 cheaper per share compared to two weeks ago.
Tick tock tick tock.
It was evident that they would have to change their projections for FY 2012 knowing full well that they would never be met. More so, there is no way in hell they were going to present those inflated numbers in Zurich because they would have egg on their faces yet again.
MJ, I am pasting this post on my wall. If things don't come to fruition as you say, I am more than positive you will hear about it. HA !!!!
Thanks for the updates.
I watched the video and was at least happy to see and hear that everyone is on board with this project. No Indians, no shutting down of roads and I don't think anyone will die when the mine re-opens for business. I'm being sarcastic of course. I thought I saw all involved parties in the video drooling over what the mine will produce in the near distant future not to mention how it will assist the economy.
Nice purchase PILK...I scooped up some last week at .41. My fear is when I look at the SP and I keep seeing it go lower and lower. Now saying that, it hasnt changed YET since I bought.
If you stand back and look at the Co. and what is going to happen in the next few quarters/year, accompanied with the independent reports of ZACKS etc, we all should do very well God willing.
Personally, I have been here a lot longer then what I anticipated but if operations get FULLY operational once and for all AND after all of the bugs are worked out, then we will all have smiles on our faces.
And yes, I too want my free shares !!!
I think it is safe to say that members of the board agree to disagree about grades.
Next topic !
I'm more than certain that the markets are open monday .
In a word, time. In regards to obtaining improved numbers we have to wait. We are at least one year behind schedule and no one is happy about that. I have to admit that I went out on a limb and secured some more shares at .41 to assist me with averaging down. The latest PR stated that that the fourth ball mill will be shipped within the next two weeks. As for HL and Improved numbers, once again I guess time will tell for all of the kinks to be filtered out. Jal in regards to your post and numbers, I didn't see the HL numbers factored in to your equation. Did you leave it out because they are so poor?
Don't forget....fresh 43-101 coming soon to a theater near you.
Happy Easter / Passover
Well I hope and trust that the latest 43-101 will be good news for all so we can put that issue to bed once and for all !
Come on 4th mill .......daddy needs a new pair of shoes. HA !
Once again thank you for your reply.
Number 6 intrigues me as it should most. However, you cant leave me (us) hanging on info such as that MJ.
As with all people, I take what people say on these forums with a grain of salt, as should we all. With all due respect you posted I believe 16 000 OZ before the PR came out based on what you had heard and we now know that to be incorrect. Now you have heard that our upgrades are "potentially" up 44 percent along with the JV. From what you say, you state that you visit the site and, speak with the people at the mine and love what is going on for which I have nothing to dispute that. BUT, being right there and rubbing elbows with the people you claim, why isn't your intel more accurate due to the fact that you are at the hub of operations????
Im not trying to slam you, Im just curious.
Wow I can't believe all of the posts since the bomb was dropped. Well, at least it keeps it lively around here.
Moving on, what is next for us / to look forward too in the short term ? Did I hear correctly that the updated 43-101 will be at the end of April?? That should be very interesting and what we have been waiting for. Will this not be the piece of the puzzle we have been asking each other about...the grades that is ?
I sincerely hope that PDI is finally put to rest after all the red tape is dealt with because even though I didnt invest in a construction company, I'll take the free shares...who wouldn't ?
So what happens when they go to Zurich ? Are they going to alter the most recent Corp Presentation and say "sorry about that" I guess we didn't know what we were talking about even though we knew we had issues ?? They sure as shi! better change the HL numbers because 300 oZ isn't even close let alone the other numbers.
Personally, this is the last time I will mention about the missed numbers but I still cant wrap my head around a company like PTQ spending time and money going to all these high profile conferences tooting their horn at that specific time and ultimately not stepping up to the plate when the numbers are released other than to offer excuses. SURE, they are still developing and "things do happen" during this stage but once again PTQ KNEW this and still they boasted with elevated numbers. WHY ?? And please don't tell me to send in my questions as that will never be answered.
A lot of people who are not happy up until this point (including me) would love to cut bait and leave, however I am not a fool nor am I taking a severe haircut on this just yet. I have now given myself ANOTHER year for things to get back on track and it will be at that time I will make my decision. If the "bugs" arent worked out by then, they will never be on track to achieve their current/future goals.
JAL I could have sworn that he said they were going (or intended on) buying them back before the deadline this year. I will have to listen to it again.
Then if that is the case they would have to buy the MAX each day commencing tomorrow to eat up all of the shares FIFER stated he was going to purchase or I am missing something ????? 90 days X 171 000 per day equals 15 390 000.
And thank you for correcting my numbers as I forgot the max allowed per day and after hours trading.
Have you thought about this..........
We have purchased one million shares
We are allowed to buy another 16 000 000 in the next 68 trading days including tomorrow (I didn't factor in holidays).
If you do the math then on average we can buy 235 294 per day up to and including the cutoff of July 3, 2012.
Food for thought.
The thing that still bothers me after listening to the CC and looking at the Corp presentation is this....if they KNEW there were issues with the crusher and what ever else they are putting the blame on, then how can you as a company heighten your numbers and present them to potential investors (and current) in a nice colour graph knowing they were not going to be met ?????? THEY KNEW THIS.
Second....FIFER stated that they have bought back just over one million shares as part of the buy back AND states that they will be buying up to the max which is 17 million. He states that these low prices are too good to give up thus they will be scooping them up. Did he forget about the ones the company bought in the .80's and .90's ??????
He also stated that there would be no more dilution....we shall see.
43-101 is coming out in late April and he states that they are along the guidelines.
PDI spinout....he starting going on about lawyers, TSX, the court system,blah blah blah........we heard about that last time. They are finalizing for the end of May.
Feel free to listen to the CC if you have not as there were updates.
Thank you for your response...some issues I agree with and some I don't, but that's why we are here on this forum.
Well VB I guess we shall see after todays CC when you (we) will be getting the PDI shares. Don't hold your breath too long. Hopefully I am wrong, but I doubt it.
Good luck
That's my point JAL
MJ I am interested in your viewpoint of why we are FIFTY ONE percent in the hole. Is it because of the numbers, or there lack of quarter after quarter ? Is it because people believe that management has no credibility ? Is it because foreign investment stays away from Panama because it is so turbulent ?? It is because the carrot, that being PDI is waved in our face year after year and never comes to fruition ?? Is it because there have been no updates in EUROPE on our newest acquisition ???
Please offer an explanation as for the current SP and not what will happen in 4-5 years down the road.
Help me out....why do you think we are in quicksand ?
Well I hope everyone has some extra scratch because when these numbers are let loose accompanied with the delay with PDI, the delay with the 4th mill, etc etc etc, it will once again become a buying opportunity today.
MJ has been quoted as saying numerous times that "anything under a buck is a gift"........well I am going to alter that to say anything under .50 is a gift which at this point in time is not hard to obtain anymore.
That will be great when it is all said and done. I know we have spoken about this at length in the past but does anyone really care about 394. Yes I agree it will assist PDI when Inmet is up and running with the Koreans, however it doesn't assist PTQ standing alone. It didn't help us in the past so my feelings are that it will not help us now. When I say that I mean it will have no effect on the current SP. Will the passing of this debacle ease foreign investor confidence in the country, who knows.
MJ, with all the beers Im told to have and all of the relaxing Im told to do I should be drunk and retired by now....but thats not the case yet.
I can't wait for the fur to fly on this board after those great numbers and updates are released.
Petaquilla Schedules Shareholder Webcast
Petaquilla Minerals Ltd. PTQ
3/26/2012 11:00:00 PM
Petaquilla Schedules Shareholder Webcast
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/27/12 -- Petaquilla Minerals Ltd. (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) (the "Company") announces that the Company will host a shareholder webcast to discuss its preliminary fiscal 2012 third quarter results, to provide guidance for the last quarter of fiscal 2012, and to provide a business update.
The webcast will take place on Thursday, March 29, 2012, at 10:00 a.m. Pacific/1:00 p.m. Eastern and is expected to last approximately 30 minutes. The call will include a presentation by Richard Fifer, the Company's Executive Chairman, and shareholder questions will be addressed. To ensure that shareholder questions may be fully answered, please submit all questions by 5:00 p.m. Pacific/8:00 p.m. Eastern, Tuesday, March 27, 2012, so they may be grouped into general categories and addressed as time permits. To submit a question, please email info@petaquilla.com or fax to (604) 694-0063.
Shareholders and investors are invited to listen to the Company's presentation by phone or audio webcast.
I know, that part doesn't look so inviting does it. Just cover it up with some white out !
Here is there PR for PDI for anyone who may have forgot about it.
Petaquilla Update on Spinout of Panamanian Development and Infrastructure Ltd.
Vancouver, BC - December 5, 2011: Petaquilla Minerals Ltd. (the "Company" or "Petaquilla") is pleased to announce that it has engaged the law firm of Blake, Cassels & Graydon LLP to assist the Company with the proposed spin out of its subsidiary, Panamanian Development and Infrastructure Ltd. ("PDI").
The Company will obtain tax advice in order to determine the most tax efficient structure for the spin out transaction but, at this time, expects the spin out will be completed by way of a statutory Plan of Arrangement. Under a Plan of Arrangement, the Company will be seeking preliminary approval from the British Columbia Supreme Court followed by shareholder approval and final court approval.
Within the first quarter of calendar 2012, the Company intends to circulate a proxy circular, containing comprehensive details of the transaction, to its shareholders entitled to vote on the transaction at a Special Meeting of Shareholders to be scheduled. As previously mentioned, the Company intends to distribute to its shareholders one share of PDI for each four shares of Petaquilla held on the record date for the distribution.
With respect to the infrastructure division's operations, the Company is pleased to announce that Panama Desarrollo de Infraestructuras, S.A. ("PDI Panama") has increased its contracts with the Government of Panama, Minera Panama, S.A., a wholly owned subsidiary of Inmet Mining Corporation, and contractors of Minera Panama, S.A. PDI Panama has signed contracts of approximately US$70 million, of which approximately US$20 million will be executed by the end of fiscal year 2012 (May 31, 2012).
PDI Panama has also recently acquired a Metso Crusher 125, a mobile crushing plant which will increase PDI Panama's aggregate production and in-pit crushing operations by 10,000 tonnes per day. PDI Panama has also received additional heavy equipment through its facilities with Global Bank and Caterpillar and is now providing the Company's Molejon gold mining operations with an increased daily mining rate of 40,000 tonnes.
The circular is supposed to be out before the end of the month. They better hurry up or it's just another date that comes and goes. As for the presentation in April......yes I looked at it and it looks very pretty. Now let's meet our numbers and appease all vested people involved.
Something isn't right ! A PR should have been supplied by now, unless they are lumping everything together (results/PDI and whatever else they have to offer). The lack of info is starting to give me concern (again).
I still can't figure the street out on this one....when and if we had/have good news we go up ever so slightly.....bad news or numbers not met and we sink ! There is no balance.
I guess by the end of the week we shall know our fate as it stands at the present time.
I hope one day VB or MJ can tell me off for being so pesimistic, but as for the present, I am sticking to my guns.
LOWJACK....the price of gold has no effect on the SP. When we were breaching $1800.00 we still sucked. We need a miracle