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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 Nov 29, 2012 10:20pm
199 Views
Post# 20664013

80 cents

80 cents

If Inmet renewed its last offer of shares in a new HT for PTQ, the value would be around 80 cents based on Inmets current SP.  I need 85 cents to break even so it would be tempting to me. I've heard that the heavy rains and installing the 4th ball mill slowed production to about 15,000 ounces poured this quarter.  Maybe production will pick up with the rainy season ending and the new equipment installed but the release of this quarters data will probably depress our SP.

Bullboard Posts