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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 g4matton Jan 20, 2013 8:04pm
251 Views
Post# 20863987

51%

51%

 I bought in at .35 and sold at .62 a month or two ago...sold because Inmet had declared their position as minority shareholders and then saw volume go sky high and price go up lightly; in relative terms. I got nervous because it seemed self evident that Inmet was increasing their postion - thats what a company does after declaring intention to takeover another...right? So I got nervous and sold...thinking Inmet "could" be getting to the 51% threshold...regardless of appreciating the potential value of this company. Watching it...as I do any stock I was not wanting to sell...yet...

Anyone else worried that Inmet is nearing the 51% mark?

Bullboard Posts