GoldStockMania.com

Yesterday, Metanor Resources [MTO, MEAOF] provided a news release on their much anticipated NI 43-101 report. Shortly after it was released, Metanor shares were literally pushed over a cliff. The share price fell almost 30%, thus giving many long term share holders a very nice hair cut and wondering WTF! Metanor’s VP Ron Perry in the news release below claims he does not understand why the market reacted so poorly to the NI 43-101 data. So in this post Ron, I would like to provide a few clues as to why share holders and the market is saying, “WTF.” There seems to be widespread disappointment with the results of the results of 43-101 and the market’s reaction to it. Read more…

Tomorrow, Tuesday 9-21-2010 Metanor is going to make known results of the Barry NI-43-101 resource update. The stock price could move substantially depending on how many ounces are there. It could be an exciting ride for Metanor share holders. I don’t know how many ounces will be announced but, I hope its at least 1 million plus. For more background on this Canadian junior mining stock, please see my Metanor Resources Trading Card.

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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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By Jordan Roy-Byrne, CMT

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.

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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…

By Jordan Roy-Byrne, CMT, The Daily Gold

Tell this to a baby boomer or a middle aged person and they would be quite skeptical. Their neighborhood financial advisor or planner doesn’t advocate Gold. It is too dangerous. It could drop to $500. Gold stocks? Hell no! After failing to get you out of stocks not once but twice in the last ten years, your advisor tells you its time to play it safe. You need to save more. Read more…

MiningMarketWatch.net recently sent an update on Metanor Resources, which is one of my top penny mining stock picks. Metanor has exceptional management, great upside potential, and is a gold producer. Cash cost per ounce should be around $US 500 per ounce. I don’t of too many new gold producers you can buy today with a 1Moz+ gold resource, targeted to produce 60K-70K ounces of gold per year, with a cash cost of just $500 dollars,  run by a great management team , and you can buy for about 50 cents/share. If you do, then please let me know. For more information, see Metanor Resources Trading Card for my complete review. Read more…