Petaquilla Minerals Ltd. (fka PTQMF)

[Implanting]

I would agree with your points and I wouldn't think PTQ should have issues with borrowing money or getting further credit as long as the POG stays reasonably high, but I still have my doubts about how much gold these people can produce going forward.

They have themselves doing a minimum of 120K oz. for fiscal 2013 and to my thinking that's going to really be a strech from what they're doing now. When the fourth ball mill starts contributing to production is anybody's guess, I wouldn't expect it to be operational before Q2, so even if it's operational by that time, Q1 will suffer. I'm also very skeptical of what the HL is going to bring to the table. I know that's being expanded, but will it be enough to pick-up the slack? We'll see I guess. I think what they do with the HL this quarter will be very telling for how successful it really will be going forward.