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cl001

01/11/13 9:18 AM

#29559 RE: JustForFun7 #29557

I like long term buy and hold. I feel 2012 created such a washout it could be the 2008 in the mining world. 4 years ago I bought a lot of OGC.to at around 40-50c. 4 years later I look back it was still a great trade. I hope I can repeat it in PTQ.

PTQ tried to raise money for most of last year, that could have scared a lot of investors. Now they successfully raised the loan without issuing warrants or shares. I hope the doubt will be gone when the loan is closed.

I invested a Nigerian company with great success in the past 3 years, so Panama is much better! Last year when I was visiting CGA.to in the Philippines, I noticed the mountains of low grade ore piling there. The management told me they hope they can heap leach them and were watch PTQ on-off heap leach closely. Because they are in very similar tropical climate and have similar type of ore as PTQ. PTQ is expanding their leach pad, they must had some successes. When the gold finally come out of the leach pad, that will be huge addition to their current production. All the leads pointing to successes in the next 1-2 years. Plus Fist Quantum is taking over Inmet, the takeover play of PTQ could be back in.