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ratherbefishin

04/16/14 9:49 AM

#24672 RE: badge792 #24671

I put the blame solely on management,PTQ isn't the only junior miner to deal with the POG,they ALL have had the SAME challange,the difference appears to be that in our case,management was either totally incompetent,didn't take into account the cyclic nature of thePOG,or was riding on the wave of naive starry eyed
People mesmerized with gold fever who evitably get drawn into the flame like moths thinking they have found the road to riches,and management counts on those people.I have no problem paying for COMPETENT management,but be darned if I want to reward INCOMPETENCE,or people living high of the hog on generous remuneration packages ,expense accounts and those ever so lucrative 'finders fees' they get for raising equity capital,which ironically may be required as a result of their own overspending or pursuing some pipe dream that appears to be done for the purposes of maintaining interest or compensating for the lack of production

mjkiii

04/16/14 11:03 AM

#24676 RE: badge792 #24671

Badge792 you are out in left field.

You should be buying, not complaining and selling.

TWO PR's have been released pushing it forward, then yet forward again, then....nothing. Remember the first one's target being the end of FEB. WTF were they thinking.


Things were settled with FQM way back in February. You can check with the London office if they will talk to you. That deal was wrapped up in February as planned.

You have no clue about the complicated entities that are involved; all with their own sets of attorneys. I think there are more than thirty groups; then government regulations and protocols in five jurisdictions. Progress has been made settling issues each step of the way. Perhaps if you actually did DD, or hired someone to keep you abreast of the situation, you would not be wandering in the wilderness. Talk to any of our large stockholders. They make the effort to stay pro-active and well know exactly what has and is taking place. Our Balance Sheet will be greatly improved.

It is MID APRIL and there seems to be nothing on the horizon which causes the POS to sink into the ground.

That is just plain nonsense
and diametrically opposed to the facts on the ground, as those involved could tell you. Instead of inquiring, you just ride along with the ridicule and pontification produced on this board. Most is posted by people who have absolutely no knowledge of the actual status of the situation.

You wonder why nothing is shared by those who actually know something? I can give you two good reasons: 1.It is privileged. Therefore disclosure is barred by law. 2. Many are following Jal's statement of his philosophy, and I quote, "If I knew anything I sure as hell would not post it on this board!" That is the attitude that has been prevailing here for some time.

Why do you think that those who have recently been to Molejon, met with management in Penonome, and dined with our people at FQM and PTQ in Panama City, chose to keep pertinent information to themselves? Why do you think information and photos are no longer shared in the I-Box? Think about it? Stockholders have been in Spain, Portugal, Panama, and at meetings in Vancouver all recently. Yet there is nothing posted or shared here.

Buy under $0.30 and sell above $0.50 if you are trading. It is just that simple. If you are long term, plan on being here until Cobre-Panama is up and running, probably 5 X a good PE Ratio by then. Management has been engaged and has put together a very good plan going forward. I am sure you realize that they are major stockholders and heavily invested in the ultimate welfare of the company.

THOSE WHO DO NOT BELIEVE IN THE EASTER BUNNY OR SANTA CLAUS ARE DOOMED TO A LIFE OF MISERY. I CANNOT HELP THEM!!!!