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Hey guys... much much talks today. A lot of posts. Seems PTQ had find somedy to update thier site. I'm back from two days out... I read all posts, lots of positism.
I will take a look of the new PTQ presentation corp. and will be back for my personnal opinion. Happy to be back !
Isn't it great to see all our post friends HAPPY and enjoying a nice Thanksgiving day !!!!
You're right, it was a great news. Bid and ask at 1.14$ actually on TSX at this hour. Youppppiiiii ! It is just the beginning of a bullish trend.
I've got to go to work to make more $$$ LOLLLLL
HAVE A GREAT DAY MY FRIENDS !
I just want to let you know that on 24h gold, the power trend decreased from 50 to 2 in the last 3 weeks. We are now up to 21 since yesterday ! They are logic !
You know Det, I kept sitting and check back the last two months ! Wow, a hell of a ride with planty of news. Many moves on SP and big improve for SP and PTQ structure.
It really gives me the impression that something bigger is coming...
By the way, will all the $$$ recently injected on ODN exploration, don't you think they might have a scoop in their hand ??? I think Mante call that shot also yesterday and I know figures has to soon release. Last ODN result in August. Thay have something more since then for sure !!!!
I think also that 1,22 is our next target and 1,45 is near also !!! I think the market will really appreciate the 'NO DEBT' status and that kind of refin.
It proove that expectations become reality with PTQ. With all the fundamentals and others expectations PTQ offers, the market will get the sentiment those will materialise !!! It has a good effect on the SP !
HAPPY THANKSGIVING !
I must say you were right on the target ! You call that shot for sure !!! BRAVO Mante !!!
I'm right back guys !
I read all posts today... and you makes me feel almost depressed !!!
It is a fantastic news ! A GREAT NEWS ! I said it this morning, we are in bullish trend with that news. You should all know that guys.
How did you figured that news... talking about sp decreasing, other taking of bad dilution, other talking negatively against BOD and other bashing.....
At least, mjkiii ans FEW others still positive but retaining their breath !
GEE ! Relax everyone and analyse the situation.
A private placement of 30M$ = NO more F. DEBT... do you know what it means for a junior gold producer in his first year operations !!!
Warrants well out of SP will bring almost 45M$ CASHFLOWS ! Knowing they won't be exercised until 2$ SP... what is the problem !!!???
Regarding the 30M shares issued... is there anybody here who thinks you invest that much for a short term period... COME ON guys, it won't change the float for a long period of time so no impact on the SP volatility. And from now to end of March, they can't make any moves... so it won't have any impact on the next good news coming on in near future. So don't even think it's bad for us !
PLUS, with all the expectations, fundamentals and middle term goal (heap leach to built, ODN reserves to developp and explore and the famous ACQUISITION that FIFER wants) get rid of the debt is FANTASTIC ! No more f... interest to pay and cashflows available from actual operations !
FINALLY, for those who dreams (fantasm) that to you become a big producer with 125M shares, please come back on earth quick !!!
Just take a look of some gold producer on 1BEST board... see the SP of all those and take a GOOD LOOK of the amount shares issued and fully diluted !!!
Sorry guys to be a little rough today but I hardly understand the majority of posts today. We finished over 1.05$ (1.10$) with big buyers today. You see, big investors think the same... a great news today !!! It's a bullish trend. Those big brokers knows it and it will be proven in the next days. It started today !
Tour guess is mine but to announce the refin on Frankfurt market before the opening and with the volume traded overthere, we can easily imagine that is has something to do with DB relations investors. Maybe the koreans, asian company or funds ?
Who cares ! It is a great news. No debt ! Usually, the main trend of a news like that push the SP around the exercised price of the warrants. Let's have a seat and relax if we can !
Hey Mjkiii, $$$$ is coming back in your pocket ! My spouse will congratulate me for my nice shot yesterday.
That would go straight line with Fifer's projection... saying it was in advenced discussion. We shall see the exactitude of your crystal ball. I will be the first to congrtulate you Mante !!!
It would be great cause no more debt means a lot for a productive junior gold company who has only 165M shares fully diluted.
Just to make you think further (I'm still improving my research)...
Isn't the Panamean Bank who gave a 70M$ credit facility to PTQ ??? Thay financed more than the total capitalised value of PTQ ???
Could Panamaen Bank Of Indonesia be a branch of Panamean Bank ? lolll
Who knows BEST, as potential insider, the situation of PTQ ? Maybe a bank would be ???
(Maybe means nothing but I just want you to notice those details) ! Good night and dream well for a big week on TSX.
I'm sure that a news pending is the reason why we saw a .16$ increase. But, I'm closely watching the type of trades and notice irregularity...
Since the warrants exerciced, there was a typical seller (shorting I'm praticly sure) of a couple hundreds shares around 10h00 and 10h30 since a week. It's unusual to see thos regular moves steady...
But I think a broker (insider) began to trade today exactly when we broke the .88$ level that In4 referred to with is important technical analysis (I thank him for that by the way).
I just believe that IF any short move on PTQ happened since a week, they rapidly bought back their positions assuming an eventual news release.
We shall see tomorrow the way it's gonna be but for sure AGM will be preceed or be the place to be to know that big news !!!
Thanks for the reply Lojiko. Really appreciate.
By the way, Lojiko, don't forget that warrants has been exercised and a part of other was repriced. As you questionned, it is impossible to see that at 1$ mark for an exercisable price of .65$ knowing the fundamentals. That means the news has something to do with PDI or an acquisition (needs of cashflows).
Also, we have to remeber that Fifer said the refinanced debt was in advanced discussions.
Finally guys, just want to let you know that all the Europe market (except Frankfurt) mentionned title name of PANAMEAN BANK OF INDONESIA for P7Z !!! Isn't it funny with trades over millions shares for the last two months.... ???
I think you're right Lojiko, something big is coming. Increasing .16$ on TSX when all materials and energy sectors are hit badly is unusual. There were 5 big trades starting noon.
I still bet for an acquisition or PDI.
By the way Lojiko, do you have an idea why they are not traded on AMEX or any US market. Could you imagine the impact ?
LOLLLL ! I just read all posts today ! Hey VB, do you have a crystal ball or maybe you have a intimate relation with my spouse !? Lolll...
As far as I make money, she will support me. But can I tell you I'm at the limit !
She's pretty bur when it's market investment matter and our money, she hate to take risk !
I told her that BOD of PTQ were bashed a lot but they are winning their bet. It seems it the same for me ! She told me few minutes ago that I should pray to keep it this way ! Lots of character guys for a 5.2 feet !!!
Hey !!! YABADABADOU !!!!!
Guys, like I told you yesterday... the best move we could do today is making no move !
No f... news by the way ! Ending at 1.05$ on TSX.
So now, we can relax as Tom says and watch the SP fly again ! The actual logic is in respect with my expectations.
I assume there's a news pending before AGM and it would be just logic for me. Of course, we cannot denied that short positions had been buy back if there were !!! Good for those bullshe...
PDI seems to be the best shot but somethng tells me that an acquisition is probable after seeing a couple of big investments lately in Panama. And remeber Tom says the plan is going on... and one of the major goal for 2010 is acquisitions to increase reserves.
By the way GUYS I bought at .33$ last summer, another shot at .46$ and .48$ right after and my last shot this morning at .88$ !!!
Yes Anski, I was there this morning... Logic is Logic and seeing the .88$ level not broke even with 200 000 shares and low volume thos two last days.. and AGM and Fundamentals...
BUT most of it... it's time to buy when a brilliant board like us begins to be negative. In the market, you must buy when emotions make almost everyone down.... that a BUY signal.
By the way, it's my last buy move for awhile cause my spouse gave me an ultimatum at lunch time !!! It seems I must undestand that money isn't falling from the trees and that she doesn't want to have a second mortgage. I will so become smooth and relax and wait until the SP comes to 2.50$.
Hopefully, she didn't read you two last days posts (ouffff!!!!)
I read today posts and thank to Lojiko to make sure we stay on the track.
For myself, I have nothing to learn from Tom's message. He said relax and that's exactly what I am doing. After finally coming near the 1$ (where I expected to be all summer), I'm waiting for the next bullish level
- ODN figures or additional discoveries
- PDI spin...
- Q2 figures with no losses... at least
- Acquisitions of other Panama's land.
- Built of Heap leach..
We all new (except some crazy and speachless investors) that 1$ was the minimum target. Here we are.
We now know that 2,50$ is our next step. I kept the tabloid of
1BEST ... and is nice research is so true. The key word is PATIENCE. Of course, we could leave and be back soon, but I learned many years ago that best move you can do in our situation is NOT MAKING ANY MOVE !!!
I'm coming back Mjkiii...
Just let you know that I have called the « Commission des valeurs mobilières du Québec » whose in charge of the regulations regarding the options market in our Province and Canada. Before, the were in charge of the Montreal stock exchance market who was amalgmated with TSX years ago.
They informed me that website are a way for publicity, information data, presentation and knowledge regarding companies etc. Except the fact that they cannot MISLEAD a shareholder or any visitor on their site, they have no official regulations to make them sure to keep an update information.
As far as they follow the rules and regulations of official and recognized authorities... they can do praticly what they want in matters of delay or updating their site.
As they say, it is not in the company advantages to keep it delayed or non effecient but they cannot do anything about it.
What's appening today guys, I,m taking a day off and nobody is posting... a very boring day !
If you would be Fifer... where would you be first ?
You got it In4... I think exactly the same. We are exactly were we have to be ! Near a 1$.
As we thought in August, the pattern comes back.... PATIENCE, FUNDAMENTALS and LOGIC !!!
Well done In4 !
Mjkii, don't forget that they're not on AMEX. I bought 1|3 of my PTQ shares in US market and I was advise to be cautiaus about that trade ! That's why I'm not suprised !
Guys, you must stop talking about desapointed production figures. The thing is it's an open mine... where sky can effect the production. Everybody on the market knows that (investors of course).
The three PR were all positive ! It's better then Q1 don't you think. How many gold producers could tell that their shares triple since september ??? It is significant ! And we're still undervalued.
I still remain that the actual rate of procudtion is around 75 000 ounces. It will remain until the heap leach will be in operation. We will then cross 100 000 ounces per year easily.
From then, taking for granted that it's 75 000 ounces|year for the next Q2 and Q3, the deal is to increase the known reserves and acquire some other lands as others are doing right now.
I still pretend that 2,50$ is the spot for January 31 at 75 000 ounces... cause at 100 000 ounces, I would had say 3,50$ since few months now !!!
If you manage the investment without beeing realistic, you will be desapointed. On my side, I'm really sure that the reality is near my expections and my 2,50$ is the target with all fundamentals and expections.
We wil soon talk about an higher level in January !!!
I think Jal is totally right MJKIII. With no interest to be paid, almost 1,5 millions $$$ more from Gold price, cashflows increasing and other good expectations, I could not imagine PTQ loosing money again for the actual quarter. It's seem impossible to me that PTQ cannot beat (with all PR already known) the poor 13500 ounces of Q1...
I'm sure we will hit near 16,5M ounces or more making sales over 20M$. Just with those figures, we're in the profit zone.
Speaking for myself, I already said that I never saw a company telling day by day what there suppose to tell their shareholders each three months. SWINGS to profit is a great news, even if it's a penny.
They will keep that secret for sure until January 15 cause it will be their last chance to make their friends much more rich buying until then at real chep price.
That's the way business is going.
I read your post AC and it remembers me last summer...
Remember guys, market going up and PTQ going down... lolll ... isn't funny ?
At that time, we were few keep saying that time would pay and rewards for our trust in fundamentals and patience.
Also, there a funny and crazy guy who predicted us « hell » at .0005$ ... he disappeared suddenly in september SPEACHLESS with is small brain.
Now that AC talks like summer of 2010 and that Salvo is predicting an increase from .0005 to .09$, I can be sure to hold my positions cause it's mean BULLISH soon. Again, thanks to Salvo.
At least, he's much tougher than CI who never came back to congratulate us with our profit and faith in regards of PTQ.
I think we will hit the 1$ today... no sellers at .95$ (3 500) compared to 130 000 yesterday at this time.
Europe is higher and volume is sustain as the same level (good volume). With gold higher and AGM coming soon... it's gonna be it !!!
Warrants to be exercised ? We shall see. Have fun guys. Boring days are leaving... fun is coming.
I'll be able to do something about it. We're here for a bit of time, It's worth to do it and I know how to proceed
Your guess is good... I already ask twice in the last 6 months... never had an answer ! You know what I mean :))))
Any decent corporation should have in 2010 a professionnal site, It is at least the minimum they could do to show respect to their shareholders !!! We are in a god trend a nice investment but it is very suspicious to hace a web site so cheap !!! I hope somebody will ask them...
Hello there,
- Big trades on TSX... another 500 000 shares traded on a one shot deal at .95$ (seems to be the target for warrants|options since a while.
I expect something for sure before AGM. Gols seems stabilise around 1335$ and 1340$... it's good ! As Lojiko, I think that over 1300$, we're in good position.
The only point I hate now is that F... PTQ site !!! Never updating when it should be. How can't they keep us inform regarding all those options warrants exercised.
At the AGM, can somedy ask them why they can hire an agent just for keeeping that site UTD. They are suppose to have cashflows...
I think we're O.K. for today... bid ans ask at .95$ ... first time we're higher then last trade the day before. It's a good sign. Also, the fact that two trades over 200 000 shares each at the end of the day on TSX make me feel confortable ! If market goes up (it seems)... we should be over today ! Let's see.
LOLLLL... don't make me laugh like that... it's tough to my stomach !!!
In my crystal ball, I see death, boring days, grey sky... and suddenly November makes place to Profit Twinkle Quest !
Then I'm in January... taking a bath in all those gold coins ! lol
Welcome Pilk111 and nice to see a newbie on our board. Hope you will learn a lot. There's always way to improve. Don't forget that nobody here has a crystal ball, however, there's a lot of intelligent posters here !
It's aliitle bit boring those days cause, as you probably know, we just get out of a three bullish weeks in a row. We must now take a big breath, relax and prepare ourselves to a new bullish rally somewhere between now and January 31.
I would agree, more then that, there would exchange copper for gold... cause Inmet has PR said, will produce 90000 ounces of gold.
I'm maybe alone on this board who will say that, but I don't see anything wrong with the SP.
For myself, we have a company who produce 75K ounces per year (that's a fact, not an expectation). 1$ making a cap stock between 125M$ and 150M$ is the exact actual value of PTQ.
Expectations must now become facts.... and we will go further ! That's it and That's all ! I'm still predict an easy 2,50$ in the next 3 months with facts. Let's see.
By the way Lojiko, if my guess is right, we should have a very good indication very very very soon !
The majority of warrants should be exercised in a near future tho before the spin off, it's only logic !
You maybe right Lojiko, it is speculation but the question remains !!!!
Why a big institution or investor would take a shot of 5M shares at 1,05$ at this point !? Why so much at this point ??? Getting 1,25M shares of PDI seems, as far as I can know, the only good reason right now knowing it's coming.
Maybe it's something else, we shall see.
With all due respect VB, maybe you're right... but you could have told me the same 2 months ago that 1$ would be a dream for november... BUT aren't we there now !!!
Expections are multiple now for PTQ
- PDI, ODN, Q2 expectations, JV, acquisitions, Gold price...
Any good news anyday before the end of November could push us over 1,60$.
You're emotions and feelings are stronger than fatcs and fundamentals.
I don't have a crystal ball but if its not by the end of November, trust me it will be there and higher than that before the end of December. We can patiently sit and wait one more month, don't you think ? :)))))))))))
Exactly mjkiii ! I'm sure there is already discussions and negociation betwen SNC-Lavallin, the govt and PTQ... something is near to be announced ! Spin off is coming...
Absolutely not Jal... again Mjkiii is right. The main goal is to get $$$ as soon as possible. With heap leach to built and all gold under ODN plant to explore, they want to get more cashflows and it is gonna clean the options board.
But with my experience, I did see those kind of modification... and you know why they did that... because a big JV was coming... or a big acquisition...
In this particular PTQ situation... I expect they do it because they want Options or Warrants has to be exercised before... PDI GIFT 1 for 4... who then would benefit also to those helped the company in the past (reason why they get those options and warrants).
Prepare yourself for a big news guys... it is evident now !
Hello guys, week-end now... ouffff. I can now relax !
First, to answer you Jal about my thinking of your 1,60$ at or before the end of November, I support our friend MJKIII who answered you pretending it's too soon to laugh at you !
A PR regarding REFIN, an ODN discovery or other could bring us easily to that standard. I trust 1Best with is board comparing other juniors to PTQ.
This summer, we were pretending that 1$ was at leat the real value and we're there cause PR confirmed in October the PTQ fundamentals and expectations. Everybody knows that 100 000 ounces won't be reech for 2010 fiscal year. The last PR was then insignificant for the market. However
An instituion invested over 5M$ paying 1,05$ !!! Is there any stupid on this board who would that amount without insider's information ???? It's then just a matter of time, SHORT time before getting your 1,60$.
Also, if we want to be intelligent and read the last PR « between LIGNS », we could work mathematicians and figure out this...
Working CAPITAL expected to be at 10M$ on December 31 !!! How did they figure out that ? And I'm sure they are conservative cause they don't know the real amount of options or warrants that can be exercise until then.
But I've tried myself to figure out the way to get at 10M$ starting with capital working at the end of Q1 2010... guys, it's impossible to assure or assume that amount without profit even beeing conservative with development and explorations costs... it is impossible !!!!! Q2 is ending with profit, I sware ! Of course, there could be a disaster since then !!!!
Now I recognize you guys ! I'm still hoping to see the «believer» MJKIII becomes rich right here !!!! :)