Petaquilla Minerals Ltd PTQMF

RE: RE: RE: RE: RE: PDI spinout-stock being dumped

[Chileanmafia1]

I agree with the issues on the technical side and also in mgt not meeting expectations - but it is important to consider the political factor.  The government just kissed away a multi-billion dollar mining project in the Comarca and politicos don't give two sh*ts about mining companies if it means votes.  I think its important that we also keep in mind the political risks here which does impact SP overall.  

The other issue that I think is strange is why PTQ would ship ore across the Atlantic and through the canal.  To my knowledge (correct me if I am wrong) no other small gold company does this?

 I have also never understood why PTQ never picked up the old Bellhaven project - Cerro Quema - which has 500,000 oz of Ag and is relatively close to our operations to me this would have made more sense than the Spanish deal or why we haven't cut a deal to mill the tailings (which contain approx 60,000 oz of Ag) that are sitting over at the old Greenstone project - these two deals I think would have brought us value a lot faster than Spain...