Petaquilla Minerals Ltd. (fka PTQMF)

[JustForFun7]

I was in it for the trade. I think I have been pretty clear lately that I don't see it as a ongoing investment.

I have been in and out three times. The first two did quite well. The first time, PTQ was my biggest money maker for that year. The last time rebought at high 40 / low 50s only to watch it retreat back down. So when it went back up briefly to high 40s / low 50s...I sold half my position at a whooping 3% gain (not much payback for holding for months). The rest I sold at a loss on the way down with the last going at 31.5. Never like to take a loss ...especially with the promise of "a deal with FQM" around the corner but what are you going to do.

I hope "the deal" gives people a chance to get out with most of their money or a profit but I don't see it staying up for long as people run for the exit and longer term fundamentals take over. The next exit after that will be when POG finally gets back up over 1600 and PTQ revives it's efforts to be a growing gold producer. There will be lots of other gold stock opportunities at that time and I will be playing them instead of PTQ.

JFF7