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Have you ever noticed that when the bottom is about to fall out, something is said by either the company or a poster to instill one last hope in this POS. I'm not saying that Progafa is wrong, I'm just saying Show me results because I have had enough smoke blown up my ass over the years. Point in fact.....drill results.....a whole bunch of anticipation......many a loan that never existed or fell flat on its face......the FQ deal that sucked for us......corrupt practices......lies........deceit......,,promises......not paying employees.......mine shut downs......late filings.......AND REPEAT !!!!!!
And as a side note, how is it that La Prensa gets comments from reps from PTQ in regards to specifics of the company and yet, this is not put out to the shareholders. I have to learn about a supposed loan from an overseas newspaper. Last time I checked, PTQ is a Canadian company with a Canadian address.
And it only took this long to find out that he is a crook. What the hell were these people ever thinking. The writing has been on the wall for a very long time. Time is now ticking before we are going to be delisted. Talk about last minute negotiations !!!!
RBF, even though you say the same thing over and over........you were 100 percent right about investors having zero Fifer confidence in Fifer.he has always been the fly in the ointment. Once again, why couldn't anyone else see this before the bottom fell out ????
I am still hesitant about anything being done to solve this problem in time.
Your guess is as good as mine. We find more or less out through the papers then PTQ wants its investors to know. Truly sad state of affairs. If and when the numbers are posted will be the deciding factor.
And another......
PETAQUILLA MINERALS the troubled Canadian mining company that has been extracting gold in Panama since 2009, has failed to meet the British Columbia Securities Commission (BCSC) deadline for delivering its financial report for the fiscal year 2013-2014 which expired on July 31.
The company which operates the Molejón mine in the district of Donoso, Colon Province, was to deliver the information on October 29, but requested an extension of two months citing "accounting delays".
The extension period ended on December 29 but the financial report was never delivered to the Canadian regulator.
The report was key to the future of the mining operation paralyzed from a year ago. It report should reflect losses last year, the capital injection needed to save the company and plans to extract gold, reports La Prensa.
Thw lack of information revealing the future of the company, has led the Regulatory Agency Industry Investment Canada(IIROC) to order the temporary suspension of trading of the shares of Petaquilla Minerals.
In a statement the company says that the decision to suspend trading of the action stems from the negotiations that remain with Canadian regulators, who have now granted a second extension, this time for 30or
The note indicates that it is to close a deal with a Panamanian group to create a $25 million trust
"Once this trust is established it will supply the money required to restore liquidity and revive the operations of the mining project. The interest of the company in the first instance, is cleaning up in labor debt, "the company said in the statement.
The trust would be established in January , but the company did give an estimated date for its creation.
On December 22 the company sent a note to the Ministry of Trade and Industry (Mici) explaining the negotiations being conducted to solve its financial problems.
Because of its insolvency mining at Molejón has been paralyzed since late 2013.
Last year Richard Fifer, Petaquilla president, said in a statement sent to the BCSC that delays in the sale of assets to First Quantum Minerals for $60 million, prevented tthe audit to close the fiscal year.
Fifer said the main delay was given when registering changes in additioto a delay in receiving funds agreed at the Public Registry of Panama transaction.
Last May, Petaquilla and First Quantum, both with concessions to mine gold and copper in Donoso, announced they had agreed to sell certain assets, including the transfer of thousand 483 hectares plus rights to the Llano Grande road.
In mid-December the company had reportedly hoped to deliver information before BCSC deadline but did not fulfill the promise.
In addition to the actions taken by securities regulators of Canada, Petaquilla Minerals is also in the sights of the Toronto Stock Exchange where its shares are listed.
On November 27 the Toronto Stock Exchange (TSX) reported that Petaquilla Minerals has until January 26, 2015 to comply with all the requirements under Canadian securities laws if it wants to keep the PTQ symbol with which its shares are listed.
Through internet forums, a group of shareholders have BCSC called for the restructuring of the mining and urgent changes in the board headed by Fifer.
Petaquilla had last October, signed a loan agreement with the US investment fund c Imppetrol Investment, SA that would make available $60 million available between November and December 2014.
Without elaborating, the company announced that it had not completed the loan and was seeking new financing.
Petaquilla is not only under the scrutiny of the Canadian authorities: in Panama, the Social Security Fund (CSS) and the Ministry of Trade and Industry (Mici) havd announced the possible breach of laws.
The CSS lodged a criminal complaint against the company due to non-payment of its share of social security for workers.
According to estimates of the Ministry of Labor and Workforce (Mici)Development, Mici) Petaquilla owes $3.8 million to 604 workers and other payments to former collaborators
District officials in Donoso say the company has not paid taxes for this year and added that there is no record of having made the payments to 2013.
Did you know????
Petaquilla agrees trust of $25 million company to exit afloat
Saturday January 3 2015 - 12:00 a.m.
in conjunction with the Canadian authorities, from the January 1, the action will not be marketed until it comes under the state financial
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Jessica Tasone the Abbey
jtason@laestrella.com.pa
Petaquilla gold reported that it is now in the process of setting up a trust fund with a financial group of national capital in the amount of $25 million, which will be established this month of January.
In a communiqué, Petaquilla gold cautioned that this information had been supplied the last December 22 the central Government, through letter addressed to the regent authority of this activity, the Ministry of Commerce and Industry (MITI).
Once established this trust shall be to meet the money required to restore the liquidity and reactivating operations of the mining project. 'It is in the interests of the company clean up in the first instance, the labor debt', the statement said.
In another point clarifies that the company has received an extension of one month from the last December 29, to submit their financial statements to the Stock Exchange. The extension was granted due to sanitation than the company is engaged in regard to their finances.
In conjunction with the Canadian authorities, from the January 1, the action will not be marketed until it comes under the financial statement.
The company's press release is after the Government of Panama initiate the procedure for revoking the concession to Petquilla Gold, due to a breach of'payment of the share of social security to their workers.
Jal, what is your theory as to why the CTO happened. Do you think they didn't file to stop the falling share price or are they that incompetent to file on time yet again. All they were doing was give regular updates to the TSX and they couldn't even do that properly.
If these dummies are ever capable of securing funds I will be amazed. If no one has touched them in two years, why would they cough up money now ?
If PTQ knows that they can't survive, why aren't they selling off the rest of their assets and move on already?
We have 24 days to pull up our boot straps until we are DELISTED.
Then the lights will be turned off for good.
Ignore....There is no one left around here to do that. All the pumpers like MJK and his buddies have fled long ago. There is no one around here to defend this turd. You can't do DD on this company because there has been nothing going on for years now. It just sits idle. The unfortunate thing with this company is that the outcome will be a train wreck....and you have to watch it !
These retards were supposed to file by Dec 24 and they can't even do that....useless MF's.
Does anyone realize that we have been seeking money for TWO years now to keep this turd a float ? The two years I am referring to has to do with the start of the alleged Red Kite deal that fell through. If you can't find financing in two years, I think it is safe to say we are FUBARed !!!!
This is our last kick at the cat because the sand is quickly running out of the hour glass with the TSX as well.
RBF...I'm OK if these retards close up and open up under another name just as long as my "investment" follows the new shell game. Tick tock.
Pretty sad that PTQ has been doing NOTHING for in excess of a year now. It dumbfounds me how what appeared to be a thriving junior crashed and burned. However, when you have a pirate at the helm, it all makes sense. Hey Richard, GFY !
One word..... "Jonestown".
Did anyone actually read this PR. The company alleges that they are doing many things to get this company back on track. This is the same garbage they spew all the time. I love their words such as diligently pursuing strategies....restore financial stability....advanced negotiations......working expeditiously to meet it's obligations.....Bull shit !
VANCOUVER, BRITISH COLUMBIA, Dec 15, 2014 (Marketwired via COMTEX) -- Petaquilla Minerals Ltd. (PTQ) PTQMF, -20.00% (frankfurt:P7Z) ("Petaquilla" or the "Company") advises that as announced by the TSX on November 27, 2014, it has been placed under review with respect to eligibility for continued listing on the TSX and must demonstrate that it meets all TSX requirements on or before January 26, 2015, in order to maintain its listing.
The Company advises that it is diligently pursuing strategies to meet its TSX compliance obligations and has undertaken to remedy its deficiencies with plans to restore the financial stability of the Company. In this regard, the Company informs that it is in advanced negotiations with financial groups regarding the recapitalization of the Company is keeping the Government of Panama, where the Company's Molejon gold project is located, informed of the Company's situation.
Further, the Company provides its third biweekly default status report in accordance with the alternative information guidelines in National Policy 12-203, Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203").
On October 20, 2014, the Company announced the filing of the Company's audited annual financial statements, related management's discussion and analysis and accompanying certifications for the 13-months ended July 31, 2014 (collectively, the "Required Filings"), would not be completed by the prescribed deadline of October 29, 2014, for the filing of such documents (the "Default Announcement").
As a result of the delay in filing the Required Filings, the British Columbia Securities Commission (the "BCSC") granted a management cease trade order (the "MCTO") on October 30, 2014, prohibiting all trading in the securities of the Company, whether directly or indirectly, by certain insiders of the Company until such time as the Required Filings have been filed by the Company and the MCTO revoked by the BCSC. The MCTO does not affect the ability of shareholders who are not insiders of Petaquilla to trade their securities.
The Company confirms that it is working expeditiously to meet its obligations relating to the filing of the Required Filings and will file the Required Filings as soon as practicable.
Pursuant to the provisions of the alternative information guidelines of NP 12-203, the Company reports that since the Default Announcement:
-- There have been no material changes to the information contained in the
Default Announcement;
-- There have been no failures by the Company to fulfil its stated
intentions with respect to satisfying the provisions of the alternative
reporting guidelines;
-- There has not been any specified default subsequent to the default which
is the subject of the Default Announcement; however, the Company, if
unable to file the Required Filings by December 15, 2014, will also
become delinquent in filing its interim financial statements for the 3-
months ended October 31, 2014; and
-- There is no other material information respecting the Company's affairs
that has not been generally disclosed.
Until the Required Filings are filed, the Company intends to continue to satisfy the provisions of the alternative information guidelines of NP 12-203 by issuing biweekly default status reports, each of which will be issued in the form of a news release and also filed on SEDAR. The Company expects to file its next default status report on or about December 24, 2014.
Dec 8...La Prensa
The Ministry of Labor and Workforce Development (Mitradel) liquidated the assets of the company that maintains Petaquilla Minerals in abduction, after the refusal of Richard Fifer, legal representative of the company, giving the face and pay back wages to 605 workers.
According to Luis Ernesto Carles, Job holder, this will be done to compensate for the rights of employees then that Fifer did not obey two summonses to appear before the Mitradel.
Petaquilla currently owes about three monthly installments to their workers.
"Already the mass of goods is next to be put up for sale. Already an audit was carried out and now we are looking at how economically calculates the inventory to proceed with the sale of the property," said the minister.
Jorge Obón, company spokesperson, said that in effect "the company's inventory was lifted some time ago, and the Friday December 4 precisely we request the ministry copy of this, but i have not heard anything about the sale of movable property," he said.
With regard to the amount of the property, stated that "the company's assets exceed the existing debt 15 times more", at the time, which explains that negotiations should ensure a legal framework of protection.
"Petaquilla is a company of foreign capital and not a coke stand and beverage garden or shoemaking. The treatment has to be different in order to comply with legal security that guarantees the country," he said.
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See more at: http://impresa.prensa.com/economia/prensa_0_4090840962.html#sthash.MUmcW6Ml.dpuf
What ever happened to this " growth strategy"??????.
Anyone..........?
FOUR THOUSAND OZS per month within the next 90 days of this PR !
152 000 slated for Heap Leaching.......oh really !
Future growth in Iberian Peninsula....oh really!
Where are all the drilling results from Portugal ?
Targeting production in Portugal and Spain early in 2015......Seriously ?
All of this has to be true because PTQ keeps on posting it in their PRs.
This is just ONE PR that is total bull shit and people have the audacity to wonder why people are bitter around here. If I went through all of the PRs to pick out the lies I would be here forever. The only updates that we receive that are accurate in the media. It is unfortunate, but that is how we get our info when it's already too late.
And as for the reason why people like me post.......that's my business. It's no different why people keep posting items such as......wait for next week because you never know what's going to happen or give it another week or two. Is that supposed to in still faith or that something is going to turn around for the better.......or is it false hope ??? It is a public forum ! You can always go to the private board with MJK.
Vancouver, BC - May 12, 2014: Further to its news release of May 8, 2014, Petaquilla Minerals Ltd. (“Petaquilla” or the “Company”) announces that its commercial agreement with Minera Panama, S.A., a subsidiary of First Quantum Minerals Ltd., both formalizes their commitment to the economic and social development of the Petaquilla mining district in Panama and provides the Company important capitalization to advance its growth strategy.
The US$60 million derived from the agreement allows the Company to completely address its senior credit facility, effectively eliminating its secured debt and precious metal and loan obligations, and strengthens the Company’s balance sheet by reducing short term liabilities.
This recapitalization has also enabled the Company to restructure and to focus on future growth. In Panama, Petaquilla is focused on increasing gold production through plant and leaching operations at its Molejon gold mine to 4,000 gold ounces per month within the next 90 days. The Company has sufficient reserves at its Molejon gold deposit to continue production at that rate for a further five years. In addition, 152,000 gold ounces slated for leaching are presently stockpiled at Molejon.
Concurrently, Petaquilla will position itself for future growth in the Iberian Peninsula by focusing on mineral resource expansion and development of its Iberian properties, positioning them to generate cash flow in the shortest order possible. In Portugal, Petaquilla has completed approximately 12,000 metres of drilling at its Jales-Gralheira project and will soon engage an independent consultant to prepare a NI 43-101 compliant resource estimate, expected to be complete three months from commencement. The Company is also working towards a NI 43-101 compliant resource estimate at its Banjas project having completed a drill program of approximately 9,300 metres. The Company will target production in Spain and Portugal in the early part of next year.
The Company is undertaking a comprehensive production review and will provide further production guidance for its 2015 fiscal year within the next 10 days.l
In three years the price of the shares of Petaquilla Minerals has lost 70% of its value on the Toronto Stock Exchange, Canada.
The roles of the company that was awarded the concession to extract gold in the Molejon mine in the district of Donoso, Colon Province, in 1997, closed on Friday December 5 in 0,037 bps, when on 15 February 2011 was exchanged in 1.26 dollar.
Petaquilla Minerals comes by dragging a situation of low liquidity, a crisis which has reached its breaking point at the end of 2013, when the company decided to suspend the removal of gold due to the fall in the price of ore in the international market; coupled with the increase in production costs, especially in the electricity bill.
The decline in activity in Molejon was reflecting on the value of gold exports of the country. In 2011 Panama exported gold for a total of $108 million, while in 2013 the figure fell to $66.4 million. In 2014 only exported gold in the first quarter, by a figure of over $1,000,000 .
Spokesmen for the company ensures that the mining you will receive an injection of capital before the end of the year, allowing you to cancel the debt keeps with suppliers and former employees. In the last year Petaquilla gold declined by 50% its payroll and currently employs 600 workers. In October, the Ministry of Labor and Workforce Development ordered the precautionary Petaquilla goods that kept in his office located in the town of Penonome, province of Cocle, to ensure that the company will cancel the payment arrears to its workers, as well as the payment of wages to the collaborators who had been dismissed.
The company has accepted that owes some $3.5 million to former employees, but indicates that the labor authorities cannot put the sale of a company's assets to cancel that debt.
Shareholders of the company have requested that the board of directors, headed by Richard Fifer, allow a restructuring of the mining because of the paralysis which maintains in Molejon.
- See more at: http://impresa.prensa.com/economia/prensa_0_4091590894.html#sthash.FdsWQ3iO.dpuf
Dude, with all due respect, don't ever ask other unknown people on a message board about investing. There is almost no where to go backwards because the life and money has been sucked out of this company so you might have a chance. Didn't you hear that delisting is on the horizon ? I, like others have been here for a long time and I can say one thing is for sure.....The info that people put on these boards is questionable at best. Be very careful as Fifer is a thief and NO ONE TRUSTS him.....no one.
Down to .02 ....expected ! Just a matter of a few more weeks....then poof. 1.9 million shares traded on the TSX for a whopping forty two percent decline. I wonder if Dick has locked himself in his room so no one can get at him.......just saying
yeah right.
Apparently, they are not listening to you.
Do you have any idea how hard it is to get rid of a "cock roach" once it has infiltrated something. .???
We also hit another milestone....congrats PTQ ........another 52 week low.
I get it Digi.....you are an optimist. The lights are only on because of the smoke screen that currently exists and the constant extensions either to deal with filing the numbers and or looking for monies.
So what happened to the alleged financing deal ?
I wonder who's DD discovered something rotten.....the potential investor or PTQ
GOODBYE EVERYONE !
TORONTO, Nov. 27, 2014 (Canada NewsWire via COMTEX) -- DELISTING REVIEW Petaquilla Minerals Ltd. (the "Company") - TSX is reviewing the common shares (symbol:PTQ) of the Company with respect to meeting the continued listing requirements. The Company has been granted 60 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.
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So, are we to assume that because this deal fell through (never existed), the changes to the board are null and void. Why would you bring these people on to the board if they now have no ties.
Every PR that has been put out this year is total bull chit.
We have no idea WTF is going on. Did they pay the workers after all ?
There are way too many unanswered questions and it keeps getting worse as the months go by.
I guess you were wrong this time.
They will never find financing. They just keep using this financing excuse to keep the doors open so they
Keep getting paid. Let's be honest with each other shall we, Dick drove this company into the ground while filling his pockets to this current date. There is no money...there hasn't been production for a very long time..there is no heap leach going on.......when the numbers do come out, they will be so pathetic it will actually be embarrassing to the company and current shareholders.
The inevitable is coming...just like Xmas.
I am always looking at La Prensa to see if and when Dick gets arrested for FRAUD.
Last man turn the lights out. There goes the financing that NEVER EXISTED !!!!!! As I said before that was just a tactic to try to inflate the SP. It worked for a very short period of time until shareholders figured it out.
Who the hell is going to loan these donkeys any money ....... If you had, would YOU ?????
These guys are truly a bunch of morons.
I guess you were wrong DIGI.
New 52 week low coming up.......
Oh yah.....and one more thing....they WILL be delinquent in filing the appropriate paperwork...Guaranteed !!!!
Apparently not even a used car salesman
That's because it's all BS. There is no good news with this POS. We are coming up plus two months for the alleged financing that was supposed to be completed in a few days. What does that tell you !
So, did we pay what we owed to those workers or what ????? I have been looking at La Prensa and La Estrella but there hasn't been any info out lately. It's sad that we have to look at media outlets for updates with the company.
I wonder how all that heap leach is coming....HA !
Yes...yes we are. Nobody wants to put it in print. That's the only difference. Truly pathetic. Well, if Digi was elaborating to perhaps something happening this week from his last post, time is running out.
My opinion....you will see nothing up until the numbers come out at the end of the year. That's only if they are not late again !!!!!! At that time the hammer will fall and doors will be closed once and for all. It is inevitable.
Think about it, how long can a mining company survive with no money and NO MINING !?!?!?
There is nothing going on...there is no financing....no one posts here.anymore because there is nothing to talk about. We are unofficially closed. We just need them to say it once and for all.
The manipulation with this stock is unexplainable. We are up today for for what reason ???? We are a stagnant mining company with nothing to show, full of debt and yet people buy this POS. Well good for them if they can make a few bucks.
Thats just great ! I am surprised that the media hasn't made a circus over all that info that you have eluded to. The part that doesn't make sense is that part about management not being able to dump their shares......why didn't they do it when it ran from 4 to 12? Did I miss something?
This is the second time that this newspaper has stated that we have signed a deal for $$$$$$$$$. How do they know that and no one else does. Is it even true ????????? I believe they said we have 120 mil putting aside what we had to pay creditors.
The ONLY info we get is from the newspapers !!!!!!!!!!!!
I said that the lights were out weeks ago but then the financing scam was eluded too and someone on this board had false hope. We now have gold free falling day after day after day with no up trend in sight for a very long time. We still have no financing and PTQ keeps their mouth shut because there is NOTHING going on. They can't afford to do anything other than collect a pay.
I have asked Digi a few questions and now he chooses not respond (maybe he is busy). With logistics the way they are, there is no way this junior minor will stay afloat.
Easy come easy go I guess.
I wonder if PTQ will be at Goldman Sachs mining conference this month. What an opportunity for great exposure......oh sorry, I forgot we are almost bankrupt and we are not producing. In that case, it's a good thing we aren't going......my bad.
Just a reminder about the financing....we are now D Day plus ONE month. So much for a few days !!!!!!
I also wonder about PDI. Are they actually doing anything or is the equipment just rusting away. Sell the equipment and pay the employees !
That letter was the one that was posted before.
Now this guy is bitter. But what good things have you seen in the news lately about PTQ ????
Bananama Republic Petaquilla sequestered, Fifer summoned, inside infoBy Okke Ornstein on October 29, 2014
fifer
We just read in La Prensa that the government has sequestered all assets of Don Winner’s favorite investment scam, the Petaquilla gold mine of drug dealer Richard Fifer, and summoned the latter to appear at the Ministry of Labor to explain how he imagines to pay his employees after not paying them for a long time and sucking all assets out of the company.
So, we thought that this would be a good moment to share with you one of the many emails we got from inside the Petaquilla disaster. This one is from a source who wishes to remain anonymous, it’s in Spanish so you should do your own translation if you don’t understand it:
Buenas mi nombre no sera revelado ya que tienen a todos los empleados amenazados a tal punto que si nos cambiamos de sindicato nos despiden… La verdad ya estoy cansada de como se dirige esta empresa, todo es amiguismo, y robadera, empezando por Batista que fué el gerente general de esta empresa, ni hablar de la familia Carrizo uno de los hijos de la supuesta Presidenta de Petauqilla Minerals Lydia de Carrizo, el cual le vendia botellas de agua a la empresa y uno de nuestros compañeros de planta se dio cuenta que llenaban las botellas de agua con agua del grifo, el otro hijo gabriel carrizo compraba terrenos y cuando vendieron parte de petaquilla a Minera Panama se dieron cuenta de la cantidad de robos que hacian, aqui en penonome se sabe todo esto es el colmo, ellos hicieron su plata a costilla de los inversionistas que confiaron en Fifer. La señora Carrizo esta en ese puesto porque amenazó a Fifer de meterlo preso, ya que tiene un familiar en el juzgado que ha aguantado sus expedientes por LADRON, y lo tienen amanazado. El sindicato Sitraemip esta compuesto por puros amigos de Fifer, los Alvarez, son amigos intimos de Fifer por eso es que no quieren que exista otro sindicato, porque ellos hacen todo lo que Fifer ordena, asi es como Fifer tiene esta empresa con puros amigos que tapan sus fechorias, los restaurantes de aca en penonome, los viveros, sus terrenos de infancia son pagados a traves de fundacion petaquilla y quien audita? puros amigos de Fifer, empresas que tapan todo, para que no se den cuenta de los robos que hace, los empleados de sus casa son pagados por petaquilla, todo lo disfraza a travez de fundacion, por eso es que no tiene plata la empresa, comenzo a traer carruajes, buses, lanchas, todo valorado en millones, solo auditen y veram, para que? para dejarlos tirados en el patio de aca atras en santa ana, prefiere despilfarrar dinero que pagarle a los inversionistas que confiaron en su palabra. Despues comenzo a mandar a sus empleados a España para entrenarlos, compra caballos con la plata de fundacion petaquilla, trajo unas estatuas de Mexico con la plata de petaquilla, todas sus obras maestras no salen de su bolsillo sino de los inversionistas tontos que no ven la realidad. Hizo su dinero con Geo-Info, aca nos tienen sin nuestra quincena sin seguro, ya no puedo cotizar en el seguro porque estamos morosos. Tiene endeudado a Petaquilla con Geo-Info, su empresa privada que esta quebrada y petaquilla la mantiene, los helicopteros Petarmigan, que lo venian a buscar por cualquier estupidez, hasta para cagar en el miramar y asi mismo le debemos. Despilfarra plata y seguira despilfarrando dinero. A ese señor necesitan auditarlo urgentemente. Su ex esposa Janet trato de delatarlo porque a la pobre la dejaron en la calle sin un centavo, despues que la utilizo y enamoro la tiro a la calle, mientras el se la pasaba de viajes con sus amigos cogiendose putas e inhalando cocaina, podría seguir y seguir pero no acabaria.
Señores inversionista a Fifer tienen que sacarlo si quieren recuperar sus inversiones, el ha robado y seguira robando. Esos proyectos en España donde arruinaron esta empresa, todos en la planta saben que se sacaban 8 lingotes y se perdian 2, despues mandaban el dinero a canda y se repartian el dinero fifer y sus amigos, en españa se mandaron 40 millones para que? para luego perder la consecion segun esta pagina esta consecion le pertenece a otra empresa y no a nostros http://www.infomine.com… , nos daban porquerias de comida en sitio planta, todo para que? La pintada donde estaba PDI es de fifer, santa ana es de fifer, donde se quedan las visitas es de fifer, la empresa que ace pruebas es de fifer, los helicopteros, geo-info, las empresas en españa son de fifer, el man se hace millonario y nadie lo audita y encima consigie una empresa para estafarla ya que nosotros debemos la vida gracias a su mala administracion, traigan auditores pero que fifer no pueda manipularlos, siempre se salva de todo, tiene como mil fundaciones……
Let’s hope that with the latest measures, Richard Fifer’s long career of whoring, snorting and theft is finally coming to an end. PTQ trades at only 6 cents right now.
Update 23:30 on October 29th: Fifer has not made payments to his employees today as he had agreed to do after interventions by the authorities. This will inevitably lead to more trouble for him and other PTQ managers. We expect to see heads on sticks soon.
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Okke Ornstein is an award winning journalist, TV/Radio producer and photographer from the Netherlands and currently based in Panama. Specialized in high-impact investigative journalism, his work has led to arrests, questions in parliament and the downfall of many frauds and swindles. RELATED ITEMSBANKRUPTCOCAINECORRUPTIONDON WINNERNARCOPETAQUILLAPTQRICHARD FIFERSEQUESTERTHEFTWHORES
As minor as this amount is, it is just another slap in the face with this company.
PAY YOUR DEBTS !!!!!!
I wonder if Dick has kids......and by that I mean if he taught them how to shaft people. The conversation would go like this...." So son, in life you can pay people what you owe them, or you can use them and not pay them....you save a lot more money using the second option"....."thanks. DAD ,"
Petaquilla sued over drill core storage bill
2014-10-29 13:00 ET - Street Wire
by Mike Caswell
Petaquilla Minerals Ltd. is facing a $110,947 lawsuit in the Supreme Court of British Columbia over the storage of many pallets of drill core. WestCoast Mineral Storage Inc. of Aldergrove claims that it has been holding Petaquilla's drill core and other things since 2008, but the company has not paid its bill since November, 2012. The suit seeks a court order that will obligate Petaquilla to pay for the disposal of its property plus the unpaid storage fee.
WESTCOAST
Core Storage
The allegations are contained in a brief notice of claim that WestCoast filed on Monday, Oct. 27, at the Vancouver courthouse. The lawsuit identifies WestCoast as the operator of a specialized warehouse in Aldergrove. According to the suit, Petaquilla has been storing many pallets of material at the warehouse since Dec. 12, 2008, at a cost of $50 per pallet. The stored material includes sample core, pulps, rejects and equipment.
Read more at http://www.stockhouse.com/companies/bullboard/t.ptq/petaquilla-minerals-ltd#Q3bXeRbOoKCqPIlc.99
Look out below !!!!!!! There goes the bottom for gold. It's like a toilet. Ptq will soon be putting out a PR shutting down stating that producing gold isn't profitable any more due to the decreasing POG and the fact there is no financing.
Just watch...
28/10/2014 - The site at 2 pm tomorrow Wednesday for the late payment of the first half of October Petaquilla Minerals workers was the result of a heated meeting at the offices of the mining in La Pintada, accompanied by a protest by 250 employees in the Santa Ana that leads to such facilities, and that could be repeated on Wednesday at the Pan American Highway, in Penonomé not fulfilled his word.
This was described Eric De Leon, who signed the agreement as a representative of the Trade Union of Workers of the Mining and Allied Companies Panama. The document was also signed by Petaquilla Gold, Panama Development of Infrastructure-both subsidiaries of Petaquilla Minerals LTD- and the Ministry of Labor and Workforce Development (Mitradel).
It was a meeting from 11:00 am to 4:30 pm, including a conference call with the President of Petaquilla Minerals Richard Fifer-travel which is that at no point apologized for the delay in payment of the return.
"There were strong words when we spoke with the engineer Fifer and we are demanding that he settle and that payments are on time, if not, we will close the street for the Pan American Highway," said De Leon.
But this agreement, indicating that the first half tomorrow, Wednesday and Friday October 31 is canceled, the second half of the month, was not the only measure taken by Mitradel.
They were also inventoried goods Petaquilla Minerals such as computers and the quarry mine. The equity of the company was held to a failure to pay benefits and settlements.
Similarly, Fifer Mitradel notified of a subpoena for Wednesday at the offices of the company, so that service requests clearance raised by employees of their companies, explained Luis E. Carles, Mitradel holder.
"I will not authorize any settlement if there is no guarantee that it will be honored; I have over 89 complaints in Aguadulce Mitradel by mutual agreements with workers who have not been honored, "Carles revealed.
La Prensa called thrice Jorge Obon spokesman Petaquilla to know about your version but not attended or responded to voice messages.
Carles explained that, despite the retention of their property, the company can continue to operate. However, this week will continue other actions by the Mitradel to ensure payment of $ 3.5 million to more than 600 employees laid off last December.
DISGUSTING yet predictable
Petaquilla Minerals failed to meet the payment of the first half of October that owed to 605 workers agreed to today.
According to workers, the legal representative of the company, Richard Fifer, sending a statement apologizing for the delay in payment, claiming that any developments will let you know by the unions, but undefined when the payment is made.
The note was issued by Panama Infrastructure Development, a subsidiary of Petaquilla Minerals, responsible for road works and public services required in the mine.
At a meeting on Monday between the company president Richard Fifer (telephone), workers of the mining company, and the Minister of Labor and Workforce Development, Luis Ernesto Carles, agreed today to pay the first half would this month, while the Friday October 31 the rest of the compensation be paid.
The Ministry of Labor and Workforce Development plans to send a second citation managers Petaquilla Minerals.
If four calls occur without receiving a response from the company, the State would apply a measure driving the legal representative of the company. The rule states not found in the country, as is the case of Richard Fifer, a member of the board will have to appear before the Ministry said Samuel Rivera Valencia, secretary general of the organization.
It is estimated that the company owed $ 3.5 million workers since last December, the official said.
This newspaper sent an email to company spokespeople Petaquilla Minerals for details on the status of your payment, but no response was obtained.