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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
Post by wwadehammeron Apr 26, 2012 10:59pm
101 Views
Post# 19842285

Careful

Careful

History is full of can't miss investments that not only miss but collaspe.  The recent housing bubble in the U.S is a great example.  I remember home prices were going up 50 percent a year for two or three years in a row and the wisdom was, you couldn't lose by buying real estate property.   Now you can't give your house away.  Houses are selling for less than half of what it would cost to rebuild them.  PTQ looks like it can't miss, it feels like it can't miss,  it smells good ohhh it tastes good, but, there is no guarantee that it will go up significantly.  I'm not saying to sell now, but wait and see what's holding the SP back before jumping in with both feet.  Something isn't right.  Market's don't lie and the market is saying PTQ (including PDI) is worth 40 cents,  there's a good reason somewhere - bad management or inside info we don't know about.  I'd like to buy more to average cost down but something tells me we haven't seen bottom - hope I'm wrong and you all laugh at me - but again something is wrong.

Bullboard Posts