Replies to post #24427 on Petaquilla Minerals Ltd. (fka PTQMF)

[ratherbefishin]

WHY was the plan NOT executed a little sooner??because in my opinion Fifer was too busy looking after HIMSELF and his FRIENDS,thats WHY.You can ignore that opinion if you like-but the MARKET ISN'T

The short rally in gold prices looks like a dead cat bounce,and if it follows true-it WILL be years before we see the old highs reached,which is what our low grade marginal at best gold mine needed to turn a profit but PDI was WORTH MONEY RIGHT NOW.

But hey-I guess its a lot easier to raise EQUITY CAPITAL[a finders fee will be paid] on a gold mine than gravel deposits-it just isn't sexy enough

[VBgood]

Ponce, we are down but not out. The Deal will get us back on our feet.
Delivering aggregate is an easy money at this point: load , drive a few miles and unload, cha-ching $$$.
DB loan is gone substantially cutting our debt .
And if we can re-start HL- another low intensity, high payback will allow us paid down the rest of our bills as a profit on those ounces will be high.
Who knows- in a few quarters we can become profitable again. But we need clear Action Plan coming from BOD, I am sure we will get one.