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Re: Lojiko post# 13440

Thursday, 03/15/2012 10:23:29 AM

Thursday, March 15, 2012 10:23:29 AM

Post# of 26631
I didn't think you could come up with an objective, analytical, reason because IMO there probably isn't one. The PTQ fundementals have improved and that's evident from the debt pay-down and increase in production from when they began a few years ago, but that's water under the bridge now and the Street wants to see improved results. The points I made are factual, fiscal 2012 to date have been disappointing. Projections and numbers have been missed since they were first issued last year and logic tells me that can't be good for the SP. PTQ will most likely miss their full year production projections by 20%.

I won't deny issues like the junior mining sector being in the dumps, share dilution, the possibility of percieved low reserves, and the company being unknown as being detremental also, but some of those issues can't be controlled by management. They can control what they say and do. That's my beef and that's why I keep harping on it.

As for the SP and why it's so depressed, I suspect that it is overdone unjustly, but it is what it is and I'm a strong advocate of where there's a cause, there's an effect. I don't believe the SP is trading where it is just for the hell of it.

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