Replies to post #7945 on Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

Yes, the pool of investors is very small, but so is the real float, and the vast majority of shares are just not for sale at this time. I believe that around the third week of March the company will be releasing a lot of data that is in the pipe line. It would not be that unusual for the share price to jump even 100-150% in a single day.

There is no shortage of investment money available and many people are just waiting to see when the company completes a lot of the work that is underway. All of the legal issues are now behind us with the Supreme Court ruling, and the new mining code the law of the land. The company is flush with cash to do the work that needs to be done, and is debt free, pouring gold with plenty of reserves, and lots of warrant money on the table when they choose to get it.

There are plenty of people in Panama with serious money that could move quickly into the stock and essentially take the shares they purchase off the table expecting a return of ten to twenty dollars years down the road. These are investors and not traders. When that suddenly happens, and of course I do not know when, I suspect the SP will gap up and move quickly. The catalyst may be the 43-101, the record date for PDI shares, or perhaps some really good production numbers. I believe that soon it will move aggressively higher and will hold the value.

Time will tell....the company may not be known in the "retail market", but it is certainly well known in Panama, and there is sufficient money here to suck up all the shares available on a moments notice.

I am not pumping the company and for me, it would suit my purpose if it drifted back to $0.75/Share in the interim. With all that has happened with the company and the political situation in the last six months I am very comfortable and would double my holdings if I had disposable cash readily available. However, there are other things that also require attention.

I will say that if it quickly moves to $2.00/share I will grab another good chunk at that price, if Mantequilla doesn't get there first. To me a big jump up means there will be no looking back. When...only God knows and I don't have a direct line!!