GREY:PTQMF - Post by User
Comment by
wwadehammeron Jun 02, 2012 11:36am
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Post# 19974252
RE: Insiders are buying.
RE: Insiders are buying. Kaplan has made several large purchases over the last year, the last in December. I don't read anything into it as he has done work for the company in arranging financing and other things. Still, at least he has confidence in the company which if for the good. I don't see anyone with enough cash to buy out PTQ and financing for the mining industry is tight. The only thing that makes sense to me at this point is a JV with Inmet in which Inmet gets all the copper on both properties and Petaquilla gets all the gold and silver. I'm sure Inmet and PTQ are sharing drilling results from both properties and planning areas for future drilling together. Let's hope something like that is in the works.