Replies to post #24037 on Petaquilla Minerals Ltd. (fka PTQMF)

[ratherbefishin]

VBgood,do you actually think 'MrFifer would be content to just run the mine?The big bucks are in flipping properties and those oh so lucrative 'finders fees' and stock options that can be then dumped back on the market.Sorry,but past experiance leads me to conclude that Fifer will continue playing the same game as long as he can get away with it cause ,it's just too good to change directions now

[Implanting]

That's the problem here, they only did 20K oz. in a quarter one time as I recall. That's it. There's not that much high grade gold in Panama. That's another problem and unless they can get LP back and start mining profitably there Fifer's got issues as far as gold production goes.

If they can get out from under their DB obligations then it wouldn't surprise me if they continue to mine only minimal amounts of gold and attempt to finally get the HL going. I don't think they have the resources to get FQ the aggregate they require and mine for gold anyway. I see them just being able to stay alive unless or until they can get more financing or the POG moves much higher.