Petaquilla Minerals Ltd. (fka PTQMF)

[Implanting]

Mid tier producers are those that produce a minimum of 200K oz. per year. I don't see where you get them doing that, as that's average quarterly production of 50K oz. The Company doesn't even expect to reach mid-tier production levels until after they get the Spainish mine going.

I'm hoping the HL will surprise to the upside this quarter (Q3) only because it under-performed so badly last quarter. I believe we'll most likely see the HL vary broadly from dry season to rainy season. Most likely with better performance in the dry season. That's yet to be determined and JMO. Obviously it will produce more gold as they build bigger leaching ops.

As far as what this updated 43-101 brings that maybe an event that could get the SP moving, depending on what it reveals. I don't see a lot more production coming from the plant until they either start milling better grades or before the new ball mill is installed. All JMHO