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Re: Lojiko post# 5358

Wednesday, 12/01/2010 6:15:55 AM

Wednesday, December 01, 2010 6:15:55 AM

Post# of 26631
Loji, Could you explain the modeling for the calculations in your formula for guidance on buy and sell points? I have seen you use it several times, but I do not understand what is behind it.

Botija Abajo and Brazo are relatively small zones and have been right there where they have always been. You need to get down to Panama where you can get a better concept of the immense size and potential of the area. Louisville and Florida State have great programs and you might work out a semester exchange deal if you go after it. Then you could be on top of the scene.

In my not very humble opinion, I believe that the available resources soon to be revealed will support something well above
10,000,000 ounces. I know it is hard to get one's mind around the size of the mineralization zone. You can look again at the maps on page 40 and compare size to Molejon.

Even when you see all the gold that will come from Oro del Norte, remember that Santa Lucia and other concessions are also 100% owned by Petaquilla Minerals S.A..I doubt that Molejon holds 10% of the gold eventually to be extracted from the area.

I don't know how all of this factors into the share price, and I sure can't time the market, but I do know that the gold is there.
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