Petaquilla Minerals Ltd. (fka PTQMF)

[DigiTech]

The price of gold is only relevant as it relates to the production cost.

Most gold companies have a cash cost of close to $900 so I agree they would be in deep trouble if gold was as low as $1,000.

Personally I do not see gold in the $600 range but I could always be wrong. Gold has always been and remains a safe heaven and the world is is a very volatile place right now. BTW, the worst potential for trouble is not in the middle east. That region is just a good place for weapon manufacturers to unload their inventory. (look at their share price recently)

PTQ has 2 locations where they can produce gold really cheap (below $400)

They are the heap leach in Panama and Portugal.

Portugal development cost is quite low and very affordable for PTQ under the new financing. Production cost is extremely low.

Bottom line is that PTQ still has a pulse regardless of the POG. Check my post of September 15th where I gave a hint.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106281049

This post was in response to post post# 25859 where someone told us that PTQ was totally finished. "WE ARE FINISHED. Goodnight and so long "

Will PTQ ever be a high flyer? of course not under the present structure and I do not mean the share structure. I mean strategic partners and G&A.
What we have is a reasonable chance to go back to the 30c to 40c range in the next 6 months. If we get to that point it will be time to assess if it it worth staying in it or not. Maybe the structure will look quite different at that time (hint). Maybe we could have some other assets available for production. Spain, other locations etc.

Yes I have been very active in a positive way in the background contrary to some people that just spend their time day after day B..G and M..g. and that love to rub it in on people that lost money. So my point is: stop B.. start doing.

FYI In September I have been a buyer in the 4 to 5 cents range. I needed to lower my cost basis. The risk was acceptable and I am glad I did it.

Cheers and good luck to all

PS. Could we just try for once to have a civil and constructive discussion? Please.