Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

Don't know how investors think and/or what is considered safe by whom. Q3 should show production at a level of $100,000,000.00 Gross Revenue/yr.. Cost of production at maybe $50,000,000.00 at worst???
Throw in the $4,000,000.00 or so of silver sales and divide by the actual shares outstanding and you have the dollars into equity, less of course whatever taxes are applicable, and whatever the board decides to plow back for expansion.

Panama is probably safer and better protected than USA,(i.e. both the US and China have vested interests).

So those who own the stock can take the dividend or sell.

Bottom line, what is a developed company that earns +$0.50/share at current levels, or even more if it is expanded worth???

Add you own multiplier....5x,7x,10x,15x.....?????

Maybe it has not dawned on anybody besides Wells Fargo that this is now an ongoing commercial operation, with new plant and equipment that is profitable and not a speculative exploratory bunch of rock hounds.