Petaquilla Minerals  move their 100% owned Molejon Gold Project into Commercial Production, becoming the pioneers of modern mining in Panama. Richard Fifer is one of the Directors and founder of this project

August 16, 2010.

Luigi A. Jimenez H.

After what the market has been exposed in the last year with the bankruptcy of major banks and corporations. Investors are more cautious than before on where to put their savings.

It’s my opinion that the technology sector is going through a warping phase, which could lead to a future potential performance. Historically in the past year it has grown +14.63% overall. Technology is improving enormously, if we think we’ve seen it all, we will be amazed from all the new gadgets that 2011 will bring.

Another area that I foresee that could have great potential in the following years is the commodities market, having an overall growth of +5.2% in the last year. Within the commodities gold has had great acceptance with a +11.56% growth and safety sentiment attached to it. This has opened the window for emerging small cap gold companies looking to move their projects into production and also emerging gold producers to become attractive for a long term investment opportunity.

Locations like Latin American have become targets for juniors to explore. Panama for example, recently granted BBB- investment grade by Fitch, with an emerging economy and a pro-business government that has a pro mining vision, granted Petaquilla Minerals, Ltd. (TSX: PTQ), the approval to move their 100% owned Molejon Gold Project into Commercial Production, becoming the pioneers of modern mining in Panama. Richard Fifer is one of the Directors and founder of this project, along with Joao Manuel current President and CEO are looking to expand their current potential. Other projects of great importance within Panama are INMET Mining (TSX: IMN) flagship Petaquilla Copper Project that should be in production by 2014, leading the way for the future tenure of Cerro Colorado Copper Project currently owned by the government. Other countries with great potential are Colombia, Nicaragua and Costa Rica.