Petaquilla Minerals Ltd. (fka PTQMF)

[Lojiko]

I agree this is trading strangely. The steady appreciation from mid-DEC to mid-JAN made sense as longs continued to hold and accumulate. What doesn't make sense to me is that everything seems to have unraveled after the posting of the Q2 statement. I don't know if people were expecting more from that or what, but we've been experiencing a pretty steep, steady decline ever since.

Maybe we'll see some juicy PRs b/t now and the end of MAR. There should be plenty to talk about during that time - heap leaching tests complete, begin building heap leaching pads, reach full capacity, improve lifting costs, PQI spin off, exploration results, etc. Then the Q3 statement by mid-APR should be the coup de grâce. Announcement of a partnership with Teck or Inmet would send this flying, imo.

I wouldn't mind rounding out my stake with some shares at $0.60, but I might take the $0.65 shares and hold from there on out.