Replies to post #13725 on Petaquilla Minerals Ltd. (fka PTQMF)

[VBgood]

Nice post, someone just got spanked...

[JustForFun7]

LOj, Zacks 2 dollar recommendation is not even based on earnings expectations. And they do get paid by PTQ for writing their report.

I'm not saying the Zacks can't do some good work but this report does not seem to be one of their main stream type of reports. They have been creative in how they have arrived at a 2 dollar price target. It may have been a lot of work to produce the report but the method used is not based on earnings estimates and expectations.

I thought that was what you were after. A company with growing cashflow and profits. This Zacks report gives you no insight in to PTQ's earnings beyond what the company is telling you.

As for Thomson One Analytics, I fully expect that they will drop the number one rating on PTQ once the loss from this quarter works it's way into their formulas for calculating their rankings because they will use earnings as a main criteria.

JFF7

[Implanting]

First of all, I never said Zack's were paid pumpers. I said Zack's and that other outfit from Canada that covered PTQ were supplied all of their numbers FROM THE COMPANY. I was told that from IR at PTQ. If they give these analysts their numbers and the numbers aren't right, then I would only surmise the analyst's numbers are as flawed as the Company's. Maybe that doesn't make sense to you. It makes a lot of sense to me.

As far as Thompson goes I don't have a clue what they're basing their #1 rating on in the first place as I see no EPS numbers or earnings projections on their chart for PTQ anyway. So, maybe you can explain how they get their rating because nothing on the chart does.

How do you raise the target of a company that just badly missed their last three quarters? By the CEO proclaiming they're going to start milling ore from the Spanish mine before the end of 2012? That's about as cheap as the paper it's written on. How can anyone with a shred of credibility raise a target based on that? WHEN IT HASN'T EVEN BEEN ACHEIVED YET! They didn't even make the numbers Ralston thought they would for Q3, so why in God's name he would trust them to do that IMO is absurd. Or maybe it isn't.

I want results, not BS. That's the reason the SP is cratering. I could care less about these ratings because that's not doing a damn thing to move the shares higher anyway and if you want to talk about making things up I suggest you e-mail PTQ IR and ask them how they're coming up with their projections. They seem to be making those up IMO. Hell, I could take a guess and get closer than what this management has been giving.