Replies to post #6982 on Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

The question is do we think anyone in the retail market will believe the NR? Personally I always view NRs with a jaundiced eye, even though I understand that there is some sort of vetting with SEDAR. Actually , with anything that is not audited they have little liability for what they say and usually there is a disclaimer somewhere. Certainly weather is beyond control...look at Brazil and Australia right now. Imagine a pit mine in that puddle the size of Texas and New Mexico combined!

I try to judge based on things that I see first hand or information from someone here that I trust. There is enough public information to tell us what the future will bring. I do not believe you can time the market and have no faith in TA except that it tends to be self actualizing in the short term. I have no idea if the SP will drop to $0.50 or climb to $2.50 in the short term. For me it makes no difference and since I just keep buying from disposable income on a regular basis, I'll probably eventually do better long term if it drops like a rock and I get more shares.

There are some major players with very deep pockets that are on top of this project. There will be four or five major events that will come to fruition yet this FY. I first personally visited this project area in the late 1950,s and saw all of the UN studies. The development has taken forever not because of the lack of potential but rather due to the political climate over the years. Now its time has come. The planets are aligned. Fiat money, inflation, high gold & copper prices, a neo-populist, pro-business, strong, committed, national government. There is nothing else I need to know.

The project will get finished and reach its production potential. We are not just baking a cake down here. Two or even three years would not be uncommon to get all of the bugs out of the system. I'm betting some pretty decent mid six figure numbers that it is a fantastic opportunity. A screwed up quarter or even a year doesn't bother me. If it was weather, mechanical, or some poor grade...the only important thing is that it is fixed and in the past.

Thanks for your comment...Good Luck whatever your goal.