german_investor,
You make some compelling arguments about the future of PTQ. I can see that you are very passionate about your investment here but still looking realistically where the growth is going to come from.
I do not have a problem finding investment opportunities that can double in the immediate year in these kinds of markets. Will it last, i don't know. But I will take advantage of it each year as long as it lasts. As for POG going to 2500 or 3000, it's quite possible but all gold companies will have that possibility to take advantage of, not just PTQ.
I think the difference is our outlooks is our faith in Management to deliver. Too many goals have come and gone. They have not proven their track record to me. Maybe it will be different in the future. It is good to be optimistic as you clearly are.
I am not saying I will not consider PTQ again in the future if things look stacked in their future. Once this deal is done this year, most of the exceptional shareholder value of PTQ will be realized.
Maybe after this settles, and PTQ is left with the Spanish properties they will be able to make a tremendous go of it there. I made a double in PTQ in 2010, left and came back in 2012 where I hope to make 400-500% this year if things turn out right. From there I will re-evaluate. But I will not turn down 400-500% today for the possibility of 2000% in 4 years.
Good luck to all in their investments.
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
