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Re: Snirre post# 26172

Monday, 12/15/2014 2:03:46 AM

Monday, December 15, 2014 2:03:46 AM

Post# of 26631
Your last question about why some people are still posting if PTQ is hopeless is a very good one and the answer is "I have no idea why"

Now, talking about investment.

First some definitions of terms I found about investing and gambling.

Investment:
"An asset or item that is purchased with the hope that it will generate income or appreciate in the future"

Gambling
"the act or practice of risking the loss of something important by taking a chance"

When you think about it the 2 definitions are not that far apart. The biggest difference being the odds.

At the present time buying some shares of PTQ is not an act of investing and has not been for a very long time due to the odds of success. It is pure gambling. Mind you the odds are not as bad as a lottery ticket. You buy it at 2c and it could very well be at 8c by the end of the week on any kind of decent news. That would be a 4X return. However, it could also be at 1c and also at 0c by the end of January.

What are the odds? I am not going to give a percentage chance but contrary to popular opinion and to several articles in La Prenza the company still has a pulse. It may be faint but it is still a pulse. A prepayment on production that was described in a PR is still being discussed from what I hear. Will it be concluded? Who knows? and I sure don't know. We have been there before. You will not have to wait a long time to know the answer. If it is concluded it will be in the next week or two.

So,
Gambling? Not that bad, it's an interesting bet for a 3 to 4X return in a couple of weeks. Just don't complain if it crash and burn.

Investment? I would look for something else.

I would look at a rebound on oil. It could go down further from where it is today but it will rebound to the $70 range. Pick your spot and your company.

As they say in Vegas when you get to the table "Good luck"

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