Replies to post #9371 on Petaquilla Minerals Ltd. (fka PTQMF)

[VBgood]

Yes, there is a move towards consolidation/ correction among all miners. There are other factors which can impact miners in near term:
Oil price- significant expense cost, money devaluation, overall mood of the market turning bearish.
Gold also can pull-back during the summer time. It does not matter to me – my investing/ profit horizon is next 2-3 years. But in mean time it presents opportunity to buy some more shares or sell and wait on the side line. Personally I am accumulating.
P.S. There is a big demand for physical gold/silver which not always translates into miner’s shares, but eventually , I believe something has to give.