Replies to post #10954 on Petaquilla Minerals Ltd. (fka PTQMF)

[Implanting]

There's no doubt it's counter intuitive though, everybody is wondering why the mining stocks are lagging the POG so much.

I read a good reason why it might be happening. The author said that because you still have so many naysayers out there that don't believe that the gold bull is for real yet. They never thought it would go through $1000, then $1500, now $2000. You still have a lot of doubters out there that aren't convinced PM's are for real. I still hear all the time on TV that gold is a bubble and ready to pop. What that talk indicates to me is that gold still has a lot to run. Why? Because people aren't convinced yet. The top in gold will be near when everyone is saying buy gold at ANY PRICE, it's cheap, that's when I'll start to worry.

Before that happens the miners will go parabolic when investors figure out gold is expensive and the miners that are making money hand over fist are super cheap. IMO we'll start seeing a lot of consolidation in the miners too, the big fish will start buying up the explorers and juniors that are sitting on significant reserves. That hasn't even started happening in earnest yet.

The run in the miners hasn't even started yet IMO.