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Petaquilla Minerals Ltd PTQMF

"Petaquilla Minerals Ltd explores for gold in Panama. The Company operates the Molejon gold mine in Panama and owns exploration and development stage projects in Spain and Portugal."


GREY:PTQMF - Post by User

Bullboard Posts
Post by wwadehammeron Apr 13, 2012 3:23pm
221 Views
Post# 19792064

Warrant and option losers

Warrant and option losers

1.5 million warrants were blown away in January 2012, half @ $1.05 and half @ $2.01.  Up coming blown away (probably) 2.1 million stock options @ 85 cents and 4 million stock options @ 65 cents by May 21, 2012.  Do you think management would hold SP below 65 cents until after May 21 to prevent further dilution.  I don't know who owns the stock options?  If it's management, they'd just be hurting themselves, if the options are owned outdide the company, maybe management is trying to hold price down for another month.  Just a thought.

Bullboard Posts