badge792, so let's review...
First, aside PTY is not Petaquilla Gold Ltd. PTY is:
Tocumen International Airport (Spanish: Aeropuerto Internacional de Tocumen) (IATA: PTY, ICAO: MPTO)
As set by The International Air Transport Association (IATA) that is the code used by 240 airlines around the world. Not being obvious but most have noticed you usually mistake PTY for PTQ and we have been meaning to correct this minor oversight. We fly a lot, most in our own planes, so we always notice when you use PTY for PTQ.
Putting that aside: For every seller, there is a buyer who believes this is a good investment. Yes some are aware of where things stand, and have almost daily contact with management at FQM, as well as PTQ. Some are continuing to invest very large sums in both companies. Some obviously believe in tomorrow.
Some are not concerned about a falling share price where the total dollars changing hands, like today so far, will not even buy one first class round trip ticket from Panama City, Panama to Sevilla, Spain. Com'on man...get serious!!! This is a lot of 'sound and fury signifying nothing'!! 0.3% of OS!!!
Some sit at the table...some stand behind the rail and watch. The fact is that whether you use two year or five year history, as VB noted, PTQ out performs the very depressed GDXJ. Some do talk to serious real investors herein that have two, three, four, or five million shares and the vast majority are still routinely buying a bigger piece of the pie at these sale prices.
Some know generally what is being discuss and what will be resolved and probably more or less when. Bottom line: It does not really matter and will be publicly disclosed in due time. If you read the last PR carefully it tells you exactly what the negotiations were about and when you will be told more. The negotiations are focusing on matters in the Petaquilla mining district in the District of Donoso, Panama. Further details shall be disclosed upon conclusion of negotiations. Can't make it much clearer than that because the information would be privileged. You already know, if you have been paying attention at all, that FQM will make a statement on or before March 31, 2014. PTQ will make a statement in accordance with their last PR discussed herein above. It is really not that hard to understand.
If you call IR of either company, and establish yourself as a serious investor, you should have no trouble getting the answers that you wish within the restrictions of the rule of law and protocol. If they do not know who you are, and if you are as rude as many who post here seem to be, they will ignore you. Much as the prom inquiry in yesterday's analogy.
So those who have no faith in out team or the future no matter what the "deal" turns out to be, should keep on selling to those who will buy their shares. Those who long ago sold their shares and just keep posting false statements and incredible assertions may continue 'ad nauseam', probably do a service to those who are investing. (For those with GED's: Ad nauseam is a Latin term for a discussion that has continued so long that it has continued "to [the point of] nausea".)
And for the little lady, in the Campbell River gift shop, who sold out long ago, and took her alleged $500,000 profit, some of us have done better after taxes almost every year with this company. We don't begrudge you a dime, but why are you still so unhappy? Seems Richard was very good to you??? Are you sure you are not related to one of my ex-wives???
So guys...have a great spring, whether in North America, Central America, or Europe..."Roses will bloom again"!!!
Yes today is the first day. No worries here!!!
