Petaquilla Minerals Ltd PTQMF

RE: 3 year chart.....

[wwadehammer]

You're right PMC, it really is sad to look what's happened over the last 3 years.  I significantly increased my holdings when the SP was 29 cents several years ago so I really don't have much to kick about, but I was hoping SP would be more than double that incredible low by now.  Progress  has been made but not nearly a fast as PTQ has promised.  We were supposed to be at 5,000 tons per day processing last year but still are only processing just over 3,000 tons per day.  If management had delivered on its production promise, EPS would be much higher.  Fully diluted shares are now over 275 million and earnings probably won't expand fast enough to effect SP or finance a significant portion of LP capex.  I'm worried that the SP won't move higher for several years while PTQ takes its time developing LP and the remainder of its holdings in Panama.  I can afford to wait but not forever.  Let's hope PTQ gets past its manana attitude and starts speeding things up!