Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

Big Charts financial analysts are projecting a loss for fiscal 2010 of $(0.25)/share. For fiscal 2011 analysts project a loss of $(0.20. CNBC's posted reports show that PTQ is behind $(0.18)/share for the first two quarters of fiscal 2010.

Now if Q3 report Wednesday shows even a slight profit this will reduce the YTD loss thus far. Then when Q4 comes in the annual loss should be much less than all the analysts are predicting, and 2011 should certainly be profitable. It is even in the realm of possibility that the company could break even in fiscal 2010.

The question is: What am I missing? I cannot believe that all of the people who make their livings studying this stuff can be so far off track. I just don't see anything but profits from here forward??!!! Where am I wrong??