Petaquilla Minerals Ltd PTQMF

Share price

[Libertyg]

What tends to be forgotten during this lull is that we do have a producing gold mining company here. They are in fact producing gold, and any of us following this market knows often times share price doesn't immediately reflect value. Then one day and often suddenly the share price does hike toward fair value. This is common in the junior sector. How many companies traded or trade below cash on hand suddenly take off and find fair value. Why would a company trade below it's cash holdings? It doesn't have to make sense but reality does eventually present itself. PTQ is a producer, many explorer's trade at similar market cap or higher. Objectively we have value here, and it's less of a speculation investing in an emerging producer than an optimistic explorer.

If we look at PTQ purely based on price and it's drop from over $3.00 years ago, we also have to consider they had a smaller float and were not producing gold at this level. We also had periodic sell-offs in the mining sector and PTQ hasn't escaped them. The sell-offs in this market tend to overshoot dramatically across the board, we have proof of that over the last 3 years. Many have recovered but not to prior levels yet, but signs are clearly pointing toward this sector moving up based on fundamental reality. PTQ is a logical and intriguing investment, but as anything in this sector will carry certain risk. I like my chances here, regardless of what the ax gringing good samaritans pound out day after day. In the end the decision is yours and yours alone. Posters like PMS and the like are not here to help anyone, nor are most pumpers, most have a selfish motive, stick with what makes sense to you.