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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 Sep 06, 2012 11:38pm
274 Views
Post# 20328558

Now is the time

Now is the time

The 1st Quarter of 2013 is over and Fifer should have prelim results.  If there's good things in the results he should PR them.  If heap-leach started to work last quarter it would be a big help in countering Inmets claim that heap-leach doesn't work in Panama's climate.  If gold poured went up it would be a good time to say so.  I guess the last 43-101 update for 200,000 gold ounces and some copper are all they had ready to go so we can't expect any more help there for a while.  Fifer has seemed indifferent to providing info on what's going on.  Maybe this low-ball offer and the possibility that Inmet will get enough votes to take over will wake him up.  The year-end financials were issued last week.  I hope that was all the regulators were waiting for to approve the PDI spin-out.  If we could set a date to spin off PDI it would make matters more complicated but would give us more leverage with Inmet.  The $210 PP should of happened by now.  I'm worried that the banks are taking a close look at actual heap-leach and drilling results and don't like what they see.  If the PP falls through, we'll be lucky to get the 59 cents it closed at today.  I don't expect we'll get much more than that in any case.

Bullboard Posts