Replies to post #11888 on Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

Hi Badge, LT outlook same.

Have never sent a message to Dimitri or spoken with him. I know that he does not work for Petaquilla Minerals, Ltd. and do not really understand the relationship.

I responded as I did not because I am questioning the motives or actions of the BOD or management, but because I saw what was IMO a very cavalier, off hand, response to a legitimate question that was at variance to the record. It seems to me that perhaps we have hired poorly in the IR area since them seem to be unaware of the record and have not taken the time to get up to speed before answering questions. I don't think there are "games" per se, but rather poor job performance. I don't like people saying "we" unless they have a mouse in their pocket!

IMO, there is so much going on that some of the commitments on less important things to the overall operation have slipped through the cracks. This hurts the short term investor unnecessarily and they should keep up on commitments to the market. It is not that hard to do.

The facts on the ground as I know them to be are:

1. Most events impacting the company long term are out of the company's control and revolve around the PPP bill #349, the New Mining Code bill #394,
and the Inmet EIS for Mineral Panama. Once those hurdles are crossed there will be a big flow of information that is all favorable to the company.

2. We are expanding, digging, and selling at planned rates and there are no operational problems of significance.

3. Panama has been fixated on the Noriega return for ninety days and nothing was moving anywhere. Once the new judges are seated and Martinelli has complete control of all three branches things will start to move again. The PPP bill #349 is the big deal for the country in all aspects and its tangential impact of mining is significant. There is almost a trillion dollars of DFI, (Direct Foreign Investment) sitting waiting on this measure. In perspective that would be ten trillion dollars for the same impact in the USA!

4. I am looking for a PE Ratio of about 2.0 by May 31, 2012 based on current share price. Short term share price...I have no clue...I would be ecstatic to see $0.25 by the end of the year, but I doubt there is much chance, although some posters and shorts are trying to push it there.