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Yes, Jal, I am agree the date has to be retroactive. . That is why I think those warrants were re-priced to let investors purchase the shares, make some profit, but get free PDI shares.
Mjkii, you made a point, it is time to post again.
In4$, I like your beach-ball story. Can you, Jal and rest of the board tell me what would happen to our stock on Friday 17? As I understand – all monthly options have to be settle on every third Friday, so if we can get a good news , followed by nice run- it can put additional pressure on shorts. I can see short covering running SP to $ 1.22. Yea! What you guys think?
Ok , just got back... Looks like we had a breather today.. It would be nice if conocord is selling and Jennings is buying,.
Yes , I said it , and definitely heave accumulation is going on. We are still unknown company to a retail investor . But eventually investment funds and banks will start to promote us and the real ride will begin ;o)
Yea!!! Ricknat, Jal and everyone… how about bragging rights? Ha-ha
Wow! What a day! I was working away from my desk/computer all day, so find out late.
Reading all your posts, guys – nice discussion… interesting scenarios by DVM brings a question – will be it safe to keep physical gold in the bank? What year was it when Americans were requiring to sale all their gold back to government?
Anyway, something is up and “ it’s an’t dog’s tail.” ;0)
Interesting news from Panama ;
PANAMA. The possibility that President Ricardo Martinelli pat the presidential chair for a longer period goes back to the public.
Two deputies of the ruling alliance decided to take the baton with the intention of making future-effectively re-election of Ricardo Martinelli.
A vox populi released as Members for Democratic Change and Vidal Galvez Sergio García, who are also Councillors, the Municipal Palace Demetrio H. Brid.
Both expressed their interest in promoting a blueprint for re-election in favor of the current president of the nation.
'These are the aspirations to national Democratic Change party, we are evaluating, allowing the president to be reelected in 2014' he said 'Chello' Gálvez.
For his part, Vidal Garcia added that for now are making the respective consultations, because as a representative and a deputy can be elected several times, must be given the opportunity to Martinelli, because we have 'the best president that has given the Republic of Panama '.
Undoubtedly, the move could take a radical turn to the alliance of government and for now, the winds blow for the president.
Martinelli has a majority of deputies (50). Thanks to the PRD defectors, his party dominates the assembly with 27 seats, Panama has 23, while the opposition PRD has 21 deputies.
Hi Ricnat, I think you are correct, the pressure is up.. It is eerie quiet on the board, I guess after heated discussions we had , people are taking the break. Or like my grandma 'd say : "can not take a heat - get out from the kitchen."
I think that different opinions are good for the board - it brings different angles and sometimes infuse constructive discussions or criticism.
Even on a day when Gold is down we still up - that is a good sign.
I am with you ... lets make some money.
Ok, may be I should re-phrase what I meant,.. Tom may be a nice guy , but he is not in the " Circle".
He can only say what he knows and I have feeling that he is not privy to all information. He never warn us about pending deal with DB or any other important event.
No , I don't think we wasting time here, we all" bringing something to the table" , sharing our thoughts and knowledge and helping each other. But nothing wrong about being in disagreement, it only adds some juice to discussion. I personally always respect your opinion regardless how I feel about it.
I think in a past we hugely underestimated our managing team ( I was one of them ) , this group really done superb job.
That is why I believe that something big is in a works,
GL.
I hate to repeat myself, but some of you guys are naïve. We gaped 10% in a last five days, with a decent accumulation.
The "tape does not lie". Millions of shares been bought, who do you think those people are ? Between both of our boards we might have 100 people, let say a thousand might read our boards, how many shares do you think we buy a day? Ha..?
50k 100 k ? I doubted.. Those millions of shares has been accumulated by investment funds, banks, etc. We are completely unknown to a retail investor, (flying under radar)- we don't exist as far as Mining news magazine concern, never mention in any issues.
There is a reason for everything. When did Tom and Janet ever give you a reliable information? We are a small group and they just keep us pacify while Big Boys are getting their shares. In dew time Mr. Fifer will start advertizing this company and this baby will take off like a hot potato.
Get ready for a Christmas present,- the good news is on a way.
But if I am right, then get ready for : I TOLD U SO !
I think something is definitely going to happen. “ Controller” has a hard time to keep SP from rising, people “in the know “ are accumulating the shares, and from previous experience - rise in the SP always followed by Big announcement. It happen before DB deal, good production numbers , pp, etc .
Let’s face it , Fifer is a smart man and he did not surrounded himself with idiots. Latest acquisition tell you something, CEO’s do not leave major corporation to work for some “ penny” company. This is a hot development and we will know by Friday. Any sellers for $ .99 ?
Columbia had heavy rain over the weekend, but Panama weather shows light rain every day this week. We still have two weeks left of rainy season. Just two month ago our SP was at $.60 and we were hoping to hit 80k for the year,- it is amazing how quickly things are changing. Gold is over 1400 and we are talking about being over 100K producer. All those people who lend us money knew much more then we did, and even today , I think we do not know all potential of PTQ.
Time will tell.
Ricnat, Bonjour my friend. Your excitement is so contageous that I might have to brake my little piggy bank and buy some more shares. Seriously we will have 230 mil shares fully diluted, after all warrants are exercised, at this point PTQ really needs to hire professional advertising firm to promote our company. I don’t think there is an other gold mining company like ours . Once all those warrants are executed we will take off like a bat out of hell. Our company in a future looks like a cash cow, then a good question will be : what about dividend check (smile )
China is definitely a " Rising Empire," India - may be , but their infrastructure sucks. Russia-? I would not touch it with a stick, know all about that place, been and live there, They have a huge problem with mafia/corrupt local officials, no business can survive that environment unless you are Putin's friend.
Very good inside look , Mkj. In mean time we are trading over 2 mil shares today on all markets. Things are beginning to look-up.
P.S. What is opposite:" when it rains - it pours"
Then we have 4 years to prove that we can operate mining industry and be environmentally responsible. We also have to win mind and hart of Panama people. I think it can be done. Stock is going up today , is something cooking?
Looks like Mr. Sirotinsky come from very successful silver operation
You are missing my point; we are on a same team. I want PTQ to become 200K producer, I wish all of us make a lot of money, paid of our loans ,bought houses, become a millionaires , help our families, whatever. But doing this, I‘d like to see PTQ build a school for local kids , improve living for locals which Company is going to do by the way ,and follow a basic environmental rules to keep ANAM at bay.
I want my ten-bagger, that is why I don’t want to wake up in the morning reading someone posting all over the internet : “we have a SPILL !!! “
VB
Good post Mjk, I just wish PTQ would throw them a bone so they go away.
P.S. Actually it was me who mention Caravan and dogs on yahoo board month ago. ;0)
Here is an other old one : When in Rome - do as Romans do.
That is why I suggest PTQ management has to do what ever to pacify those people, get them of their back, sweeten-up the pot sort of speak. We are operating in Central America and not in USA where EPA got so much power that is driving business outside the country. PTQ has to show that they respect environment and still be able to do business in a right manner and providing benefits to local people of cause. Thanks God we got a President on our side.
Ok, but the environmental effect can be minimized. I believe that some kind of balance has to be strike between ANAM and Mining Industry. Some cool heads has to prevail, I don't care if reasonable people from both sides would sit down at the table and come to some kind of agreement beneficial to both parties. I would set up this meeting in a nice resort ( all expenses paid by Minera and PTQ) and compromise with those guys ; Promise that we will re-forestage, re-generate, re-plant what ever and allocate with help of Panama Government so many thousands hectares to a conservation program to protect local fauna, etc. With all that doe coming some small part can be donated for a future environmental issues, .. All it takes just to show some understanding and sincere interest in local issues. Habitat of Central America is extremely important to variety of species on this planet, thousands of birds and marine creatures migrate that route every year. So our management has to dedicated to the principles of environmentally sound mining and refining practices, and to believe that environmental stewardship and mining CAN co-exist.
Am I sound like a "tree-huger" ? - naa , but I do have a lot of respect for Life and Balance on our planet.
. So obviously there is much more gold in Moleijon then we were led to believe. From Incas and Maya to Spanish Conquistadors the golden trail riches out to our respected Mr. Richard who new this in 1996, :
"... concession located in Central Panama, approximately 110 kilometers west of Panama City, show two areas of prospective gold targets. One area is the Santa Lucia grid that returned values up to 6.44 grams per tonne gold from soil samples with an adjacent sample of 4.89 grams per tonne gold.
This anomaly is located on a ridgetop at the northern edge of the grid near collapsed adits from the Spanish colonial gold mining. In addition, this grid contains an area of approximately one half square kilometer that contains elevated gold values in another area of historical prospecting and mining 1.5 kilometers to the southeast. The Santa Lucia grid contains open anomalies on the south and southeastern boundaries of the grid area.
Prospective gold exploration in the Santa Lucia concession has been completed in the Canoa grid, located along the western border of the concession and is adjacent to Adrian Resource's Petaquilla concession, and approximately eight kilometers east of Adrian's Molejon gold deposit. Soil samples in the Canoa grid returned values to 1 gram per tonne gold with anomalous copper and molybdenum values. "
So ,how much gold are there Lo? .. Did you say 3B oz? what about ODN discoveries which we are not aware of.
We are not talking about 10 year mine any more.... It will be exciting ride.
Welcome back Ricnat, is it snowing in Canada ?
Thanks Mjk ,
You did good with a DOW. I took a huge beating in 1999 dot-com crash, years later ( with encouragement from my wife ) I invested in bonds only and that turn out good for me.. Not as exciting , just like watching paint dry , but OK after all. Year ago Providence gave me two stocks : PTQ and NSU, I brought this to my wife attention and after consulting with Higher authority she gave me OK with PTQ and now you know the rest of the story..
PS. Yes , I thanked God so I was able to help my " kids " this year.
They will be minting maple leafs there, ha-ha
MJk, I do appreciate your “ inside “ knowledge about Panama and the mine , - you were actually there , none of us were . What do YOU think this stock will be worth , so far you were absolutely correct , so I am all ears ..
I just finished reading it, WOW ! .. All that positive news , almost hard to believe… so we are going to become 150 K producer without ODN just in a few month. Hmm.. So what will happen when gold from ODN starts coming , but that might not happen for a while ( 2 - 3 years ? ).. Then what do we know about Boija and Brazo Resources, how did if fly under radar ?
I wish they would give us some kind of date on PDI, .. International investments ?
So what do we have here ? A ten-bagger ? When ? How ? Looks like Boys are talking 5 year plan .
In five years PDI will be spin-off, gold will be 3K, + ODN + inflation + what-ever international = $ 10.
Can you top it MJ ?
That is as far as I can get, .. Ameritrade account would help, anyone ?
Monday, November 29, 2010 5:39:00 AM EST ...... Petaquilla Minerals Ltd. (the "Company") (TSX: PTQ)(OTCBB: PTQMF)(FRANKFURT: P7Z) is pleased to announce that, subject to all ... 3SBio Inc. Announces Results of Annual General Meeting ...
research.tdameritrade.com/public/markets/news/morenews.asp?...
MJK, I like your dozen questions, are any answers ? Ha-ha
I have a general question (hopefully Lojiko let me slide ). I look at my portfolio : only PTQ is green, my bonds used to be green , but turning red big time, stocks are Red period. So what poor schmuck suppose to invest ?
May be I run out to store and buy case of beans, - 2012 is coming, ha ?
Manta, today is a black Friday, a lot of people are going shopping, looking for deals, kind of crazy, if they wait until last weekend before Christmas – prices will come down more, but it is tradition and some husbands have to join/drive their wives to a shopping mall, etc. Lucky for me – my wife is working making “Mula” – old expression.
Looks like PTQ is consolidating / profit taking, we are forming nice a cup and handle chart – sign for a big up-tick, (news ? )
Europe is a big financial mess, “Pigs will be slottered” I don’t see any hope for them on a horizon, Russia and China dealing in their own currencies ( as I mention before ) is that a sign of Time, our mighty Dollar will loose it’s value eventually… in old days all that prolonging of recession would lead to the War, but today with our new Order – who knows. Uncertainty of World situation is driving price of gold up,
If everyone in the World could sit around the circle and sing “ Kum- ba-la” – gold would be down and we would invest in something else.
" ... would you please pass a jelly "
MJ, that was good advice actually, my wife and I discussed that month ago, but to pull trigger is not so easy. Language, maintaining two residents, etc … still something to ponder about…
Ricnat, the board overall is very happy, and as I mention before , big investors know more then most of us in order to infuse the company with so much money. Ask yourself a question : would you give them 30 mil with info available to us ? I don’t think so , this would require boys to open the books, show me some real results of exploration verified by independent people an on and on.., so what I am saying : the news is great.
Happy Thanksgiving every one ! We have a lot to be grateful for ..
Jokes aside, do you guys see what is happening in Europe ? The only stable economy - is Germany, the rest is a powder keg. 40% unemployment among young people in Spain ! Pigs are in a big trouble. If Spain goes down IMF will not be able to help them ! China and Russia beginning to trade in own money: “"About trade settlement, we have decided to use our own currencies," Putin said at a joint news conference with Wen in St. Petersburg.
That is just a beginning, countries will shy away from the dollar as time goes by, of course it is good for our gold and gold mine, but I don’t live in Germany but good old USA . Can we survive 2 more years of Obama printing press ?
Do I hear you correctly ? “ decreased the value of my shares” .. your shares just went up almost 20 % ! A relatively small dilution - a small price to pay to be a debt free.
On the other hand, wish I look into my crystal ball last night ( I do have one on my desk, Ricnat) and bought some shares as those who purchased it in a period of last half an hour. I wonder what balls they were looking in … hmm.. May be I do what Edgar Case did, asked myself a questions before going to sleep,- I will know everything in the morning , hey?
Can any one posted last night big blocks buyers ? Thanks.
69, I tend to agree with Lojiko, DVM and MJ, they need money now for something we can only speculate about. Whatever it is - exploration ODN, building second mill, PDI and etc. - all that just getting me excited. First it was DB and now someone else (Korean ? ), I can just sit back and relax, much smarter people them me invested their money, I am along for the ride…
MJ, when will we hit $ 6 , so I can pay my house off ?
Yes, I am with you Lojiko, not as excited about leaching but those 5 g/t looks very promising.
Ok, it is a great news, we are debt free but it cost us more dilution, we at aproximately 200 mil shares. The other small thing bothers me from other board poster, I checked his numbers and he is correct : even thou we have suggested over 2 mil. oz mineable Au , the measured reserve stands only at 532000 oz. I would really like to see ODN numbers checked by independent lab, other than that I like it. Obviously the Guy/company who gave us 30 mil knows something that we don’t. Also $1.45 warrants is a good thing – make me see $2 ps sooner than later. Congrats to all.