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ratherbefishin

07/22/14 9:13 AM

#25733 RE: bobby1231 #25732

Petaquilla is a growing diversified gold producer "committed to increasing shareholder value"...uh,run that one by me again please.....
Yup,and we're going to be a 150 K mid tier producer really worth $5 "by next summer"too

The only way this looks good is if you turned the chart upside down....but maybe I've got it all wrong-bring on the slobbering glassy eyed rah rah boys and let's see what they "anticipate"

Got your PDI shares yet?

treetop2

07/28/14 10:37 AM

#25753 RE: bobby1231 #25732

Bobby, the answer to your question is found in the press release:

"... further reducing its short-term liabilities "

So the cash goes to paying off some of the most pressing debts owing, and none of the long-term debt. If there was any money left to actually use for operations, I think they would have said so.