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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
Comment by jsnfernleyon Oct 19, 2012 9:38am
104 Views
Post# 20502153

RE: report on Stockwatch

RE: report on Stockwatch

I don't know about the exact acreage/hectares needed and who has them, but I believe it's even worse for Inmet.  Inmet's presentation on their web site that I looked at a couple of weeks ago shows their new deposit underneath the SW area waste dump shown on the 2010 map that Petaquilla has in their circular.  Most of that waste dump appears to be on Inmet land.

Unless Inmet wants to abandon the 900m mt deposit of comparable grade they crow about discovering in 2011 (the same deposit that was under the tailings disposal area in the original Teck feasibility study, now a waste dump), it will need even more land that shown on the Inmet 2010 map in the Petaquilla circular.

Plain and simple.

 

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