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The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are some gold stock indices like the Barron’s Gold Mining Index and others, which show a 30-year base dating back to 1980. This will be a historic breakout for the gold stocks. Read more…
I don’t know what it is going to take in order to slow down the PTQ rumor mill, but this madness needs to stop. Today I received an email from a reader asking me to confirm if Petaquilla has suspended production per a brief article posted on the Panama-Guide.com website. I am responding on GoldStockMania.com for the benefit of all PTQ investors who also may be concerned about this issue. Let me say this very clearly, “Gold Production has not been suspended at PTQ’s mine!” I also confirmed this with Petaquilla’s Investor Relations, per the message I received this morning. Read more…
Last week I received an email about Petaquilla Minerals (PTQ, PTQMF) from a GoldStockMania.com reader concerned about their recent share price reaction to the gold refinancing news release. I am sure he is not the only one wondering why the stock price did not react favorably to the news release. Here are my thoughts on what it will take to get Petaquilla Minerals’s share price off the ground and into orbit where it belongs.
At last, Petaquilla Minerals ( PTQ, PTQMF) has put out a news release on the ongoing efforts to refinance their $70 million debt. Many were concerned about the amount of time it was taking to get their refinancing completed. In fact, this uncertainty lead many to speculate that things were not going so well a Petaquilla. As of yesterday, Petaquilla put the concerns of many to rest with their news release shown below. Read more…
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