Petaquilla Minerals Ltd. (fka PTQMF)

[Implanting]

I see it the same way. Talk is cheap and the facts speak for themselves. The facts are that management has not come close to their production projections for the last two years, so they finally figured out they need to reduce their projections so they could make or hopefully exceed their projections. It took them two years to figure that out and of course it still has yet to be proven they can meet those goals.

They've done the same thing with PDI and the financing. Telling shareholders/potential investors for literally ever since the PDI concept was born that it was being spun-off soon...well, years later we're still waiting. Same with financing, we were supposed to have a deal with RK that fell through and now not a word on where we stand on financing. Just that they're still looking for it.

Add to that the POG is down and currently it doesn't make alot of sense to the Rational that production numbers would be accelerated until gold prices begin moving higher again anyway.

I believe what I see and unfortunately management hasn't earned alot of my respect when it comes to many of their past dealings. Maybe that will change and maybe it won't, but why should I expect any different outcome until I see it? That's not the way it works.