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Petaquilla Minerals Ltd PTQMF

"Petaquilla Minerals Ltd explores for gold in Panama. The Company operates the Molejon gold mine in Panama and owns exploration and development stage projects in Spain and Portugal."


GREY:PTQMF - Post by User

Bullboard Posts
Comment by ajootianon Jun 20, 2011 12:52pm
124 Views
Post# 18738725

RE: RE: RE: Clarus Nearly Gone

RE: RE: RE: Clarus Nearly GoneRock, query how you came to the conclusion that the Q1 guidance was for "mining rate" whereas full yr. guidance was for "actual gold production".  In the June 10 PR the same term is used to describe guidance for each period (see bolded part of excerpt below:

"For the current first quarter offiscal 2012, the company anticipates producing 35,000 to 37,000 ouncesof gold and expects to pour and sell 20,000 to 21,000 ounces of goldduring the period. Looking forward, the company intends to produce115,000 to 125,000 gold ounces in fiscal 2012 and 135,000 to 145,000gold ounces in fiscal 2013."

If company management is so stupid that they can't write a PR that makes it clear what they are trying to give guidance on, then they deserve to see their stock down where it is, IMO.
Bullboard Posts