GoldStockMania.com

Last week I sent out a brief update to my newsletter subscribers that I sold all of my Petaquilla Minerals (PTQ, PTQMF) shares. Make no mistake, I believe Petaquilla still has enormous upside potential. However, the rapidly changing political situation in Panama is both alarming and potentially dangerous for investors. I have made a considerable amount of money already off of my Petaquilla investment and did not want to give it back because of the growing anti-mining sentiment there. I rather take my profit off the table and put my money to work in numerous other places before I watch it go up in smoke. Read more…

As expected, Petaquilla’s share holders approved the private placement yesterday. Now let the fun and games begin as PTQ should be debt free! I get the feeling that things will get a lot more interesting and profitable from this point forward. It’s hard to believe that PTQ is still trading at just over a dollar. Read more…

At last, Petaquilla Minerals has closed the DB refinancing deal. This has been a very long process that has tested the patience of many long-term share holders. This is obviously a huge vote of confidence in a small junior mining company down in Panama. I expect this closing to help legitimize PTQ’s operations in the eyes of potential investors still sitting on the fence. Read more…

Several readers have contacted me lately wanting to know what’s going on with Petaquilla Minerals, [PTQ, PTQMF] which I have previously recommended. In particular, readers wanted to know why isn’t Petaquilla’s price not rising with the price of gold? What is the status of the financing? Here’s a quick update on what I know, please feel free to share what you know in the comments.

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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.

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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…

Here is another quick update for those of you (like me) who have invested in Petaquilla Minerals. I received an email from PTQ’s investor relations today with a new nugget of information of which I will discuss briefly below. I also would like take a moment or two and review PTQ’s pricing action since my last update. Read more…

I wanted to relay a brief update I recently received from Petaquilla Minerals regarding their refinancing status. As many of you know, this is a very big deal they need to close in order to really get the share price going in the right direction. Many people have wondered when will they complete the refinancing, will they complete it, and why is it taking so long? Apparently Petaquilla is ready to provide a status update in the form of a company news release soon. Below is the most recent message I have received from Petaquilla’s Investor Relations. Read more…

I had received an email from Petaquilla Minerals this morning answering my questions on why it has taken so long to close the refinancing deal with the bank and when do they expect to complete the arrangement. I received an update from Petaquilla’s Investor Relations this morning which I promptly sent out a quick update to my newsletter subscribers just before heading out the door along with my recommendations. I have included PTQ’s reply below along with my comments…. Read more…