Replies to post #4933 on Petaquilla Minerals Ltd. (fka PTQMF)

[Lojiko]

If the global reserve estimate update - expected NLT MAR 31, 2011 - doubles our reserves, I would expect a double in our SP, without a doubt. I know some have thrown around estimates of the OdN concession containing as much as 10M recoverable Au ounces, which may be true in the long run (I seriously doubt they've thoroughly explored the entire concession, so there's always room for more discovery), but in the short-term (i.e., by 2nd calendar quarter of 2011), I don't expect the global resource estimate to more than double our current reserves. I'm expecting +50 to +100% increase in reserves with OdN included, based on what we've explored thus far.