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Re: mjkiii post# 14935

Monday, 05/21/2012 10:56:10 PM

Monday, May 21, 2012 10:56:10 PM

Post# of 26631
MJ,

it's funny how all your little mistakes are always one sided.

I'm not interested in convincing others to sell. I want the stock price to go up so I can make a profit. That's why I own PTQ shares.

There is nothing magical about this 43-101. Companies come out with 43-101s all the time and many companies fail to meet them. PTQ would be beating the odds if they did live up to the 43-101. Especially with their recent track record.

Also, you seem to think the 43-101 implies that PTQ will increase their profits 10 fold. But PTQ needs to worry about more than just this one mine. The production from this mine falls off a cliff in 2015 (right there in the spread sheet). Who would invest in a company with only good results for the next two years. So they will need to worry about and spend money over the next two years developing the next two Panamanian concessions. How much will that take away from the supposed 10 fold increase in profits of PTQ. As well they will have to spend capital on drilling and developing the Spanish property. How much is that going to be?

I'm glad Eric Sprott is saying good things about PTQ. Maybe that will drive a few more investors this way. I think Jay Taylor / Chen Lin are also saying good things about PTQ. They are not anywhere near as big a name as Eric but the more investor interest the better.

JFF7




It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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