InvestorsHub Logo
icon url

Implanting

10/24/11 10:50 AM

#11363 RE: Lojiko #11362

Unfortunately, sometimes even hard facts and good numbers aren't enough to move the SP of a company and as far as predictions about where the valuations of PTQ would be to this point, just about all of us who have be bullish on PTQ have been way off on the low end of where we thought the SP would be now.

I still believe the valuations in the junior miners are currently more contingent on money coming into the sector than on the specific performance of miners like PTQ. I hope in time that changes. Last Fall/Winter when we saw the most recent highs in the PTQ SP we were also seeing big moves in other miners and money was flowing into large and small cap PM miners. A rising tide lifts all ships and when the money left the sector it lowered them also. Money has yet to come back in, even with the POG hitting record highs recently, so the PM miners are still down as a result.

Even with gold at $1900 the prices of the miners didn't appreciate. I wonder why and can only come up with this theory. The miners cratered in March 2009 untl the Fed came in with QE1, they flew higher, after that run they fell and in Aug. 2010 the next round of QE2 came. The miners again ran, then fell after profit-taking. Since then the miners have languished because no more QE. See the pattern. They are already talking about QE3 and I believe we'll see it in the next few monthes.

IMO that will most likely be the next catylst for the next move higher in the miners. Of course, depending on how many euros are needed to be printed to save Europe that won't hurt the cause either.
icon url

mjkiii

10/25/11 6:31 PM

#11382 RE: Lojiko #11362

Martin is da man!! Selling all Petaquilla stock tomorrow and flying to London to buy convertible gold bonds at 30% discount!!! No matter how high gold goes they will redeem them at market price. Way to go CMR!! Petquilla is a scam...there is no mine in Panama. It is all just fantasy and thousands of people are colluding in the conspiracy against you. There is no hope and change!!!! I am so sorry.....