Replies to post #600 on Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

Sounds reasonable...don't forget that according to their presentation they are getting about one ounce of silver to each three ounces of gold to sweeten the pot. Also, in the large Oro de Norte concession their preliminary test showed: Chip rock samples @ 287g/t/Au, Stream Sediment @ 45.75g/t Au, Soil @ 7.8gt/t Au!!
You can figure those numbers when the plant is at full capacity of 5500 tons/day. We should know more about that deposit in another six months.
I just am unable to understand why this stock is not trading at least at a new high of $3.50 or so a share. I probably dwell upon it much more than other investments since it seems like such a 'no brainer', yet there seems to be so little demand. They have a huge concession for 60 yrs. in a stable, solid, country. I just don't get it!!

[Lojiko]

It might mean that they're only processing the high grade ore first. In a sense, that's somewhat encouraging in that when they begin the heap leaching process, and improve recovery, we'll see even bigger overall gold production.