Petaquilla Minerals Ltd. (fka PTQMF)

[in4money9]

Management appears to have been very selective with their news releases. I for one believe that for a couple of weeks in the fall they were indeed producing gold at a rate of 100,000 ounces a year as management reported.

Following that press release, I feel that the mine's operations were shut down due to the record rainfall. This news was not related to shareholders and should have been. Had full disclosure taken place through periodic production reports we would have few issues with the Q2 filings.

With the rains gone, my suspicion is that production is now moving along at a brisk pace and that Q3 will surprise to the upside and even show a profit. The subscription to the recent PP provides me with clues to the state of PTQ's more current operations. I will be waiting for a good entry point over the next 2 weeks to add to my holdings and "buy on the bad news".

GLTA,
In4Money9