Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

No question we have plenty on our plate.

Certainly there is ample room to grow internally for the next several years. I am not advocating that we over extend at this time. However, I think we will see an industry sector crash over the next 18 to 24 months and there may be great opportunities to pick up assets for future development for just a few pennies on the dollar. Just sort of a speculative conversation while we are waiting some news at the end of the summer.

Meantime, we just keep on digging, processing, and selling. The expanded volumes should go a long way to ameliorate the fall in the price of gold and we will stay profitable. That should attract continued interest. Personally, I have my eye on all those warrants at the end of the year. Especially the ones that are worth 1.3 shares each. However, there is plenty of room to grow now before we get to $1.45 or more.