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VBgood

10/13/13 12:19 PM

#22105 RE: badge792 #22104

Badge, I think we all can agree that culprit is a gold price.
When Zacks was giving his first recommendation ($ 1.40-sh if I remember correctly) gold price was in the neighborhood of $1600. Zacks second evaluation came in below $1 (.98?) while our production (slowly but) was increasing.
With gold price below $1300 – it would not surprise me to see it in the low $.80
But worse then that, we all know that rotation into commodities, particularly into gold mines have not happen yet. Soo if gold mine sector was popular again and money were coming in – we would not have a problem to see SP going up and every one singing kumbaya, unfortunately situation is different.
We all know how hard it is for miners to get a loan these days. We are bombarded by analysts that price of gold is going to $1200, some other industry analyst are raising the issue with true cost of production which sometimes two or three hundred dollars higher then companies like to report.
All fundamentals of Petaquilla look good and MJK correct in that, but it is price of gold which makes situation sour.
We are fortunate to have PDI which as much as some posters do not like to give credit to, but Fifer deserves a big one in that area, this is our trump card.
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Implanting

10/13/13 1:40 PM

#22106 RE: badge792 #22104

Badge, the continued failure to execute the plans set forth by this Company IMO tell the whole story. That's reminiscent to me of the quote: "Insanity is doing the same thing over and over again but expecting different results."

Especially true in the case of certain posters on this board. You might agree.
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mjkiii

10/13/13 3:08 PM

#22114 RE: badge792 #22104

Delusions of grandeur !!!!!!

Arrogant, intolerant, curmudgeon, but not delusional. Very well aware of life and surroundings. Very happy to have held PTQ since about 2000. Would still like a yes or no answer on buying or selling tomorrow. Rest assured it will carry no weight, but I am curious. Extremely happy with relationships with management and some on this board. Really not concerned with those who hide their identity on a board. Really have no interest in meeting someone whose background I do not know and to whom I have not been properly introduced by a mutual friend. Sorry if contentment upsets you.
Some things are privileged and can be disclosed, some cannot. Sell or buy, you don't need to explain. Just don't sit there and do nothing!!! LOL!!! Life is very, very good!!