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this rumor is already scratched... didn't happened... we r gonna have to wait for the money to start flowing into the miners again to get a bump on our SP...
probably insiders r not willing to sell if they have 50MM more shares getting added to their holdings soon...
or maybe they just know our shares r really worth a lot more...
or they know they will get a better deal for all of us...
guess we will never know... as always we need to sit and wait... I'm positive we will all be happy at the end!
nice volume today lol
Gold on record high but market crashing hard...
Fundamentally we are great but systematic risk is hitting us bad!
here's the full report:
https://www.yousendit.com/download/YTYrNU1LUENJMHRjR0E9PQ
Updated NI43-101 Technical Report on the Lomero-Poyatos Mine
29 July 2011
J11 - 132 1 BEHRE DOLBEAR
CERTIFICATE AND CONSENT
To Accompany the Report Entitled “Updated NI 43-101 Report on the Lomero-Poyatos Au-Cu-Pb-Zn
Mine, in Andalusia, Spain”, dated 29th July 2011.
I, Richard James Fletcher, am a Senior Associate with the firm of Behre Dolbear International
Limited with an office at: 3rd Floor, International House, Dover Place, Ashford, Kent, TN23 1HU,
and do hereby certify that:-
1. I am a graduate of the University of Leicester with a Bachelor of Science honours degree in
Geology and also have an MSc. in Exploration Geology from the University of North Queensland,
Australia. I have practiced my profession continuously since 1966 and have more than 40 years
experience of exploration and mining of gold, copper, lead and zinc deposits.
2. I am a Fellow in good standing of the Australasian Institute of Mining and Metallurgy and a
Chartered Geologist, and a Member in good standing of the Institute of Materials, Minerals and
Mining and a Chartered Engineer.
3. As of the date of this certificate, to the best of my knowledge, information and belief, this
technical report contains all the scientific and technical information required to be disclosed to make
this technical report not misleading.
4. I am a “qualified person” for the purposes of National Instrument 43-101 and am independent
of Corporacion Recursos Iberia SL and Petaquilla Minerals Limited as defined in Section 1.4 of
National Instrument 43-101 and I have not had any prior involvement with the property that is the
subject of this report, nor have I received, nor do I expect to receive, any interest, directly or
indirectly, in any of the property or securities of Corporacion Recursos Iberia SL or of Petaquilla
Minerals Limited.
5. I have made a visit to the Lomero-Poyatos Mine area for one day in January 2011 and I have
also reviewed technical data made available by Corporacion Recursos Iberia SL and I am responsible
for all sections of this report.
6. I have read National Instrument 43-101 and Form 43-101F1 and this technical report has been
prepared in compliance with National Instrument 43-101and Form 43-101F1.
7. I hereby consent to use of this report and my name in the preparation of a written disclosure
for submission to any Provincial regulatory authority.
Signed......................................... Date 29th July 2011
R. J. Fletcher M.Sc., B.Sc. FAusIMM, MIMMM, C.Geol, C.Eng. at Conwy, UK
TSX Top 10 Stocks by % for July 26, 2011 at 10:00am ET
(Toronto Stock Exchange) -- TORONTO -- TSX Top 10 Advancers
by %
Legend: Symbol/ Company Name/ Last/ Change/ % Change/ Open/
Volume
Sino-Forest Corporation TRE 7.660 1.300 20.44% 6.550
6,677,108
Cardiome Pharma Corp. COM 4.870 0.750 18.20% 4.540
86,773
New Dawn Mining Corp. ND 1.400 0.200 16.67% 1.490
7,600
Xebec Adsorption Inc. XBC 0.240 0.025 11.63% 0.240
7,000
Caldwell Partners International Inc. (The) CWL 0.650
0.060 10.17% 0.650 4,500
BELLUS Health Inc. BLU 0.055 0.005 10.00% 0.055
15,000
Heritage Oil Corporation HOC 3.900 0.300 8.33% 3.910
4,100
Petaquilla Minerals Ltd. PTQ 0.820 0.060 7.89% 0.780
303,000
Sandvine Corporation SVC 2.230 0.140 6.70% 2.130
108,920
ARISE Technologies Corporation APV 0.080 0.005 6.67%
0.085 117,000
------------------------------------------------------------
------------------------------------------
TSX Top 10 Decliners by %
Legend: Symbol/ Company Name/ Last/ Change/ % Change/ Open/
Volume
Star Hedge Managers Corp. II XHG.WT 0.080 -0.040 -
33.33% 0.080 1,000
ARISE Technologies Corporation APV.WT 0.015 -0.005 -
25.00% 0.020 112,000
First Uranium Corporation FIU 0.470 -0.120 -20.34%
0.500 497,212
Inspiration Mining Corporation ISM 0.230 -0.040 -
14.81% 0.240 90,300
Jura Energy Corporation JEC 0.030 -0.005 -14.29%
0.030 30,000
Mundoro Capital Inc. MUN 0.450 -0.060 -11.76% 0.470
3,500
Exco Technologies Limited XTC 3.100 -0.400 -11.43%
3.450 17,000
Gran Colombia Gold Corp. GCM.WT 0.235 -0.025 -9.62%
0.235 4,608
United Silver Corp. USC 0.610 -0.060 -8.96% 0.610
5,000
Grandview Gold Inc. GVX 0.055 -0.005 -8.33% 0.055
203,780
Source: www.Tmxmoney.com
------------------------------------------------------------
----------------------------------------------------
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representation, warranty or condition, whether arising by
statute or otherwise in law or from the course of dealing or
usage of trade, (ii) is provided solely for informational
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respect to any security, derivative or any other financial
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Questions and comments regarding TSX/CP Equities News may
be forwarded to: Lindsay Black: (416) 947 4235 or
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Very good find PTY... lets see what Inmet has to say on their reporting...
lot of bureaucracy... but it depends on what we are talking about... you can buy a car and have it right away... you can sell an apartment and you will have to wait a couple of month to receive your cash...
one of the biggest transactions here in panama was the merger of Banco General and Banco Continental... two of the biggest banks here... and it went very very fast...
we also have the case when HSBC bought Banistmo and it took forever...
my comment referred specifically to ptq... as u can see on my post #6940... the deal was announced way after...
if i've learned something as an investor of ptq is that things don't happen overnight
if it happens we will be happy...
if not I don't want ppl to be angry with me so lets wait... if its true we should know something from the company soon...
the rumors on the street are way better than the next PR
Petaquilla Minerals Ltd. Announces Technical Report on Lomero Poyatos
Mine
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/11/11 -- Petaquilla
Minerals Ltd. ("Petaquilla" or the "Company")
(TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) is pleased to announce the
completion and filing of a National Instrument 43-101 ("NI 43-101")
compliant Technical Report in respect of the Lomero Poyatos mine in
Andalusia, Spain. The complete technical report is available under
the Company's profile on both the SEDAR and EDGAR filing systems.
The Lomero Poyatos mine is presently held by Iberian Resources Corp.
("Iberian"), with which the Company has entered into a definitive
agreement (the "Amalgamation Agreement") relating to the
three-cornered amalgamation between the Company, Iberian and
Petaquilla's wholly-owned subsidiary Petaquilla Holdings Ltd. ("PTQ
Newco") (the "Proposed Transaction"). Pursuant to the Amalgamation
Agreement, Iberian and PTQ Newco will amalgamate and continue as a
wholly-owned subsidiary of the Company.
As mentioned in the Company's news release of June 27, 2011, the
Amalgamation Agreement was approved by the boards of each of the
Company, Iberian and PTQ Newco and the shareholders of Iberian have
unanimously approved the amalgamation by way of a consent resolution.
The Company's shareholders will soon be provided with full details of
the Proposed Transaction in a management proxy circular and will be
asked to vote at an upcoming Special Meeting of Shareholders.
Lomero Poyatos Mine
Behre Dolbear International Limited ("Behre Dolbear") was
commissioned to review the Lomero Poyatos Mine project in southwest
Spain and to prepare this report in connection with the
aforementioned transaction.
Lomero-Poyatos is a poly-metallic, massive-sulphide deposit that is
located on the northern limb of the San Telmo anticline, which is an
east-west trending fold structure adjacent to a major thrust fault.
The deposit has an east-northeast strike and dips to the north. At
the surface, there are two separate orebodies - Lomero (east) and
Poyatos (west) - that combine at depth to form a single deposit 900
metres in strike length. The average thickness of massive sulphide,
based on drill-hole intersections, is about 7.5 metres, although the
maximum thickness of massive sulphide exceeds 20 metres. The
mineralization is known to extend at least 500 metres down dip.
Recent (April 2011) work carried out at the University of Madrid
showed that the deposit contains at least three different ore types
as follows:
*T
-- Cupriferous Ore typically assaying 1.0% to 1.5% copper (Cu) with gold
credits but with no lead (Pb), zinc (Zn) or silver (Ag);
-- Arsenic/Pyrite Ore containing gold credits only; and
-- Massive sulphide Ore containing all three base-metals, with silver
associated with lead and gold associated with sulphides, and some free
gold.
*T
The Lomero Poyatos mine previously produced about 2.6 metric tones of
pyrite ore, mostly by underground mining methods. The Lomero Poyatos
deposit is at the exploration stage and the mineral resource estimate
is based on historical data and relatively wide-spaced drilling.
Therefore, the mineral resource is categorized as an Inferred Mineral
Resource.
Mineral Resource Estimate
The approximate size of the Lomero Poyatos deposit, based mainly on
historical drill-hole data, has been estimated by three independent
consultants in the past nine years. The results are summarized below
as two separate scenarios, namely open-pit and underground.
*T
Open-pit Scenario:
-- SRK (2002) Inferred Mineral Resource: at a EUR50 value cut-off = 20.6 Mt
at 3.1 g/t Au, 69.9 g/t Ag, 3.3% Zn, 1.2% Cu, 1.2% Pb. Containing 2.1
Moz Au.
-- Gemcon (2010) Inferred Mineral Resource: at 1 g/t Au cut-off grade =
20.9 Mt at 3.08 g/t Au, 62.38 g/t Ag, 2.5% Zn, 0.7% Cu, 0.7% Pb.
Containing 2.07 Moz Au.
Underground Scenario:
-- SRK (2002) Indicated Mineral Resource: at a EUR70 value cut-off = 1.85
Mt at 3.4 g/t Au, 52 g/t Ag, 0.8% Cu, 1.4% Pb, 2.3% Zn. Containing 0.203
Moz Au.
-- WAI (2006) Indicated Mineral Resource: at 1.5g/t Au cut-off = 3.71Mt at
3.26 g/t Au, 27.9 g/t Ag, 0.87% Cu, 1.16% Pb, 1.57% Zn. Containing 0.39
Moz Au.
-- Gemcon (2011) Inferred Mineral Resource: at 1 g/t Au cut-off grade =
6.07 Mt at 4.25 g/t Au, 88.74 g/t Ag. Containing 0.83 Moz Au.
*T
Recommendations
As a consequence of the mineral diversity, the geological and
mineralogical domains need to be defined so as to provide separate
tonnage and grade estimates for each of the ore types. Representative
metallurgical samples need to be extracted from each of these ore
type domains for metallurgical testing. In addition, further
validation of the nature and distribution of the gold, silver,
copper, lead and zinc mineralization is required, in order that the
Inferred Mineral Resources can be upgraded.
The NI 43-101 Technical Report recommends that additional drilling
(totalling 40,000 metres) be carried out, including some duplicate
drill-holes, twinning selected surveyed historical holes, in order to
cross-correlate the historical data with confirmatory data and some
additional drill-holes to better define the physical extent of the
solid at depth and along strike.
It is proposed to achieve this in two stages: as a stage 1 drilling
programme and scoping study and a stage 2 pre-feasibility study with
further drilling and test-work.
Qualified Person
Richard James Fletcher, of Behre Dolbear, is a "qualified person" as
defined in NI 43-101 and accepts responsibility for all sections of
the technical report. Behre Dolbear affirms that Mr. Fletcher:
*T
-- is a Fellow of the Australasian Institute of Mining and Metallurgy; and
-- has more than 40 years experience in the estimation, assessment and
evaluation of mineral resources and ore reserves that is relevant to the
styles of mineralization and the types of deposits under consideration.
*T
About Petaquilla Minerals Ltd. Petaquilla is a gold producer
operating its gold processing plant at its 100% owned Molejon Gold
Project in Panama. The Molejon mine site is located in the south
central area of the Company's 100% owned 842 square kilometre
concession lands, a region known historically for gold content.
Disclaimer. This press release includes forward-looking statements.
All statements, other than statements of historical fact, contained
in this news release, including, but not limited to, statements
regarding the Proposed Transaction, the estimation of mineral
resource estimate and the realization of mineral resource estimate,
constitute forward-looking statements. Such forward-looking
statements involve known and unknown risks, uncertainties and other
important factors beyond Petaquilla's control that would cause the
actual results, performance or achievements of Petaquilla to be
materially different from future results, performance or achievements
expressed or implied by such forward-looking statements including
that the Proposed Transaction may not be completed for any reason.
Such forward-looking statements are based on numerous assumptions
regarding successful completion of the Proposed Transaction,
Petaquilla's present and future business strategies and the
environment in which Petaquilla will operate in the future. Any
forward-looking statements speak only as at the date of this
document. Petaquilla expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any
forward-looking statements contained herein to reflect any change in
Petaquilla's expectations with regard thereto or any change in
events, conditions or circumstances on which any such statements are
based, except to the extent required by applicable law. As a result
of these factors, the events described in the forward-looking
statements in this press release may not occur either partially or at
all.
On behalf of the Board of Directors of PETAQUILLA MINERALS LTD.
Richard Fifer, Director and Chairman of the Board
NO STOCK EXCHANGE HAS APPROVED OR DISAPPROVED THE INFORMATION
CONTAINED HEREIN.
Contacts:
Petaquilla Minerals Ltd.
Richard Fifer
Director and Chairman of the Board
(604) 694-0021 or Toll free: 1-877-694-0021
(604) 694-0063 (FAX)
www.petaquilla.com
-0- Jul/11/2011 13:46 GMT
PETAQUILLA MINERALS LTD ("PTQ-T")
- TSX Short Positions on 2011/06/30 1,704,777 -87,023 0.64
//st
Net Total Last Total Price
Date Change Shorted Price Volume Range
----------------------------------------------------------------------------
2011/06/30 -87,023 1,704,777 0.64 4,657,611 0.60 - 0.65
2011/06/15 19,461 1,791,800 0.65 2,310,642 0.65 - 0.70
2011/05/31 -98,061 1,772,339 0.68 4,926,531 0.68 - 0.75
2011/05/15 -542,492 1,870,400 0.77* - - - -
2011/05/13 0 2,412,892 0.77 8,086,592 0.71 - 0.84
2011/04/30 15,124 2,412,892 0.87* 2,626,856 0.83 - 0.94
2011/04/15 327,834 2,397,768 1.01 3,277,610 0.91 - 1.01
2011/03/31 -82,145 2,069,934 0.93 3,250,090 0.87 - 1.02
* - Indicates that the closing price used is the last non-zero
closing price and is not the closing price on the report date.
//et
Source: TSX
________________________________________
TSX closing price for PTQ-T
Date: 2011/06/30
Closing Price: 0.64
Cambridge had leased the property to the previous owners... then Iberian bought it... Leasing is a rental... so Iberian has the rights to the land...
If you have an apartment leased and a person buys it... they can tell you bye bye...
yep... $1 should be the new floor
TSX wouldn't approve a buyback at $2.00... when we are back well above $1.00 they could make another approach to get a new approval and rise their bid...
Yep... they will sure give a sort of ex-dividend date...
the retroactive scenario is bs... never seen anything like that...
Agree... and it's not just the juniors... it's gold mining in general...
http://video.cnbc.com/gallery/?video=3000029711
And no1 has mentioned something very important Fifer said on the CC... with the Iberian deal we will move out of the Junior category!
Mining shares vs Gold prices
http://video.cnbc.com/gallery/?video=2023516302
no that was only PTQMF...
PTQ is a different story...
Only 3 prices before the dollar... can't see sizes though...
Ask L2s
MPID Ask Price Size Date/Time
NITE 0.664 2500 15:59
ETRF 0.664 2500 15:59
JANE 0.67 2500 15:08
HDSN 1.00 2500 06/17
STXG 1.01 500 06/21
DOMS 1.01 500 11:51
PERT 1.01 500 15:28
INTL 1.02 500 06/15
VFIN 1.20 500 04/04
VERT 1.25 500 06/10
MAXM 1.50 500 01/18
VNDM 2.00 500 03/04
FORT U 02/28
AUTO U 14:51
ARCA U 15:40
a share buyback of almost 10% of the market cap should move us above $1 at least...
seasonality is a b*tch...
Money come back to junior mines pls!
the CC is about to start... any1 listening?
Tnx Oil... yes thats TSX only
PETAQUILLA MINERALS LTD ("PTQ-T")
- TSX Short Positions on 2011/06/15 1,791,800 19,461 0.65
//st
Net Total Last Total Price
Date Change Shorted Price Volume Range
----------------------------------------------------------------------------
2011/06/15 19,461 1,791,800 0.65 2,310,642 0.65 - 0.70
2011/05/31 -98,061 1,772,339 0.68 4,926,531 0.68 - 0.75
2011/05/15 -542,492 1,870,400 0.77* - - - -
2011/05/13 0 2,412,892 0.77 8,086,592 0.71 - 0.84
2011/04/30 15,124 2,412,892 0.87* 2,626,856 0.83 - 0.94
2011/04/15 327,834 2,397,768 1.01 3,277,610 0.91 - 1.01
2011/03/31 -82,145 2,069,934 0.93 3,250,090 0.87 - 1.02
2011/03/15 58,679 2,152,079 0.85 11,899,241 0.85 - 1.12
* - Indicates that the closing price used is the last non-zero
closing price and is not the closing price on the report date.
//et
Source: TSX
________________________________________
TSX closing price for PTQ-T
Date: 2011/06/17
Closing Price: 0.64
Diputados = Congressmen
At least we are in the news...
Business News as of Noon ET
(Canadian Press) -- ^FRIDAY, June 10 - Noon ET@
^BUSINESS NEWS ADVISORY@
Here are the top Business News stories from The Canadian
Press as of Noon ET. All times are Eastern unless otherwise
stated. Coverage plans are included when available. Entries are
subject to change as news develops.
Queries should be addressed to business editor John Valorzi
at 416-507-2146 or David Friend on the business desk at 416-507-
2138. To reach CP Business by email, send messages to
business(at)thecanadianpress.com.
--------
^TOP BUSINESS NEWS THIS HOUR@
------
Canada's jobless rate falls to 7.4%
Jobs
OTTAWA -- Canada's unemployment rate has fallen to the
lowest level in more than two years as a combination more jobs
and fewer people actively seeking work in May pushed the rate to
7.4 per cent.Statistics Canada said 22,300 new jobs were created
last month, slightly above consensus following the previous
month's strong 58,000 gain. Will be updated.
------
Company denies role in alleged gold tax scam
Gold-Scam
MONTREAL -- A Montreal company being investigated by
Revenue Quebec as part of an alleged gold-refining tax scam has
denied any wrongdoing.More than 175 Revenue Canada agents
conducted raids Thursday on homes, offices, accountants and
bankruptcy trustees in the Montreal area. The agency said the
scam allegedly involved a system of repetitive and false billing
in transactions involving more than 100 companies. PHOTO. Moves
Business and National, guard against duplication. Will be
updated
------
Winnipeg rally to support Canada Post pickets
Canada-Post-Strike
WINNIPEG -- Canada's striking postal workers are getting
support from labour activists set to rally in Winnipeg at
noon.The Public Service Alliance of Canada says about 400 people
are expected to march down Portage Avenue towards a Canada Post
building in support of postal workers.
------
Lululemon Q1 profits rise to $33.5 million
Lululemon
VANCOUVER -- Stronger sales of its yoga apparel helped
clothing retailer Lululemon Athletica Inc. (TSX:LLL) turn an
improved first-quarter profit that rose above analyst
expectations.The Vancouver-based company said it earned $33.5
million, or 46 cents per share in the quarter. That beat
predictions of 38 cents per share, according to a survey of
analysts by Thomson Reuters, and was also ahead of the $19.6-
million profit it reported a year earlier. PHOTO. Will be
updated after 9 a.m. EDT conference call.
------
Taseko shares down after results disappoint
Taseko-Mines
VANCOUVER -- Shares of Taseko Mines Ltd. (TSX:TKO) traded
lower Friday after the company's first-quarter results fell
short of investor expectations and costs at its Gibraltar mine
rose from a year ago.Russell Hallbauer, president and CEO of
Taseko, said the higher costs came as a result of lower
production volumes and a stronger loonie compared with the U.S.
dollar.
------
Toyota expects annual profit to fall 31 per cent
AS-Japan-Toyota
TOKYO -- Toyota forecasts its annual profit to dive 31 per
cent, hammered by production disruptions from parts shortages,
but its outlook Friday projects a robust recovery from the
earthquake and tsunami in coming months.Toyota Motor Corp. had
not given an earnings forecast earlier because of uncertainties
about its production outlook after the March 11 disaster wiped
out key parts suppliers in northeastern Japan. PHOTO. Moving on
general news and financial services.
------
OPEC: Demand outstrips OPEC supply
EU-OPEC-Oil-Forecast
VIENNA -- An OPEC report suggests that world demand for its
oil is outstripping the present supply.The monthly demand
forecast from the Organization of The Petroleum Exporting
Countries says estimated OPEC crude production last month
averaged 28.97 million barrels a day. It also says that demand
this year for OPEC oil is expected to average a daily 29.9
million barrels. APNewsNow.
------
UK industrial output slumps more than expected
EU-Britain-Economy
LONDON -- Industrial production in Britain plunged by 1.7
per cent in April, far worse than expected and partly due to
disruptions caused by the extra public holiday for the Royal
Wedding, according to official figures published Friday.The data
by the Office for National Statistics provide further evidence
that the British economic recovery is slowing sharply. The
market consensus was that industrial output would be unchanged
on a monthly basis.
------
^ALSO IN THE NEWS@
------
Toronto stock market lower, oil declines
Dollar-Markets
TORONTO -- The Toronto stock market was well into the red
Friday as rising worries about the American economy pushed
stocks lower across all sectors.The S&P/TSX composite index gave
back 142.05 points to 13,113.68, while the TSX Venture Exchange
was off 16.22 points at 1,942.35. Will be updated.
------
Loonie lower amid solid jobs data, lower oil
Loonie
TORONTO -- Weak oil prices and a stronger U.S. currency
pushed the Canadian dollar lower Friday despite a solid
employment report for May.The loonie lost 0.47 of a cent to
102.29 cents US. PHOTO. Will be updated.
------
RIM to launch PlayBook in 16 new markets
RIM-Playbook
WATERLOO -- Research In Motion (TSX:RIM) says it will
launch its PlayBook tablet device in another 16 international
markets over the next 30 days, including India, the U.K. and
Australia.The move announced Friday continues the Canadian
technology company's aggresssive moves into the consumer market,
where it also faces stiff competition from Apple Inc.
(NASDAQ:AAPL) in the fledgling tablet business. PHOTO.
------
Patheon posts loss in second quarter
Patheon
TORONTO -- Patheon Inc. (TSX:PTI), a provider of contract
drug manufacturing services, reported it lost US$11.2 million in
the second quarter, reversing a $10.9 million profit a year
earlier.The Toronto company said Friday it lost 8.7 cents a
share for the quarter ended April 30, compared with a profit of
8.4 cents a year earlier.
------
Labour productivity up in Q1: StatsCan
StatsCan-Productivity
OTTAWA -- The labour productivity of Canadian businesses
increased for the third straight quarter, rising 0.4 per cent in
Q1.That follows a 0.3 per cent advance in the previous quarter.
------
Garda World secures $15M annual contracts
Garda-World
MONTREAL -- Garda World Security Corp. (TSX:GW) says its
global risk consulting division has been awarded new contracts
to protect government officials worth $15 million per year.
------
Rockwell gets refinancing plan
Rockwell-Refinances
VANCOUVER -- Rockwell Diamonds Inc. (TSX:RDI), a Vancouver-
based diamond explorer with operations in Africa, has struck a
deal to borrow $2 million from an affiliate of the Steinmetz
Diamond Group, the company's strategic marketing partner. The
loan is part of a planned recapitalization that will see
Rockwell seek to raise up to $35 million in new financings over
the coming months in a combination of potential private,
shareholder and public placements.
------
Wi-LAN to help Poynt license its patents
Wi-LAN
OTTAWA -- Technology patent house Wi-LAN Inc. (TSX:WIN) has
formed a partnership with Poynt Corp. (TSXV:PYN) under which it
will help Poynt license its portfolio of Internet advertising
patents."Wi-LAN's proven track record and strong financial
position made Wi-LAN the licensing partner of choice for Poynt,"
Andrew Osis, president and CEO of Poynt, said in a statement.
------
Petaquilla Q4 production up 30 per cent
Petaquilla
VANCOUVER -- Petaquilla Minerals Ltd. (TSX:PTQ) says gold
production in its fiscal 2011 fourth quarter was 16,735 ounces,
3,910 ounces or 30 per cent higher than the previous quarter.The
Vancouver-based company with operations in Panama credited the
installation of a new horizontal carbon-in-column circuit that
improved the efficiency of gold recovery from the milling system
for the improvement. ------
Maxim Power Q1 profit narrows to $4.6M
Maxim-Power
CALGARY -- Maxim Power Corp. (TSX:MXG) has reported first-
quarter earnings of $4.6 million, sharply lower than a year ago
when the utility had a major one-time gain.Earnings in the most
recent period ended March 31 amounted to eight cents per share.
------
Rockwell gets refinancing plan
Rockwell-Refinances
VANCOUVER -- Rockwell Diamonds Inc. (TSX:RDI), a Vancouver-
based diamond explorer with operations in Africa, saw its shares
drop more than 11 per cent Friday after the company struck a
deal to borrow $2 million from a marketing partner while it
seeks longer-term financing.Rockwell shares fell half a cent to
four cents -- an 11.1 per cent decline -- in trading of more
than three million shares on the TSX.
------
Xplornet acquires NetKaster subscribers
Xplornet-NetKaster
WOODSTOCK -- Xplornet Communications Inc. announced Friday
it has acquired more than 1,300 satellite broadband subscribers
from NetKaster.Financial details of the transaction with
NetKaster, a division of Northwestel Inc., were not disclosed.
------
Nautilus exits decision to raise capital
Nautilus-Minerals
VANCOUVER -- Nautilus Minerals (TSX:NUS) says it will
withdraw its proposed capital raising due to "weak financial
market conditions."The Vancouver-based company, which explores
the sea floor for minerals, said Friday that while investors had
responded positively when it first started shopping around, the
past two weeks has changed matters.
------
SunOpta CFO Eric Davis to step down
SunOpta
TORONTO -- Chief financial officer of organic foods company
SunOpta Inc. (TSX:SOY) Eric Davis is stepping down to pursue
other opportunities, the company said Friday.Davis will support
the transition to a successor until his departure date of June
30, the company said in a statement.
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Keg CEO on leave after accident at home
The-Keg
VANCOUVER -- David Aisenstat, president and CEO of The Keg
Royalties Income Fund (TSX:KEG.UN) and Keg Restaurants Ltd. is
on medical leave after being injured in an accident at home, the
restaurant chain announced Friday.Details of the accident and
how long Aisenstat was expected to be off the job were not
disclosed in a company release.
------
Afexa reports Q4 loss of $2.8 million
Afexa
EDMONTON -- Afexa Life Sciences Inc. (TSX:FXA), the Alberta-
based company behind Cold-FX, said Friday it lost $2.8 million
in its latest quarter compared with a loss of $4 million in the
same period a year ago.Revenue for the three months ended March
31 totalled $6 million, up from $4.8 million.
------
^THE CANADIAN PRESS@
-0- Jun/10/2011 16:11 GMT
thanks Lo, its an honor!
The thing is we hold shares of a (now) junior mining corporation... not shares of a single mine location (yes we only have one mine location at the moment but that is not the end of it)... the idea is keep growing... use the profits we get from Molejon to develop more extraction locations... we have plenty of land in our concession yet... we also have a new concession in portugal/spain... and keep using the profits to get new ones or buying other corps or mine concessions... by this growing the company... increasing shareholders capital... either these will happen or another corp will acquire us... or we are taken private...
for us is the same if we are acquired or taken private... either way we get paid for our shares hopefuly with a good premium...
10000!!!
Thought the same...
NEWS RELEASE TRANSMITTED BY MARKETWIRE
FOR: Petaquilla Minerals Ltd.
TSX SYMBOL: PTQ
OTC Bulletin Board SYMBOL: PTQMF
FRANKFURT SYMBOL: P7Z
June 8, 2011
Petaquilla Subsidiary Appoints Chief Executive Officer
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 8, 2011) - Petaquilla Minerals
Ltd. (the "Company" or "Petaquilla")
(TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) is pleased to announce that its
subsidiary, Panamanian Development and Infrastructure Ltd. ("PDI"),
has appointed Jose Luis Dieguez as its Chief Executive Officer.
Mr. Dieguez joined the Company's infrastructure subsidiary, Panama
Desarrollo de Infraestructuras, S.A. ("PDI Panama"), in February 2010
as Head of Finance and Business Development and has served as its General
Manager since August 2010. Prior to joining PDI Panama, Mr. Dieguez was a
Business Associate at Clairfield Partners (Spain) being involved in several
national and cross-border M&A transactions providing financial and strategy
consulting services. He is an Engineer in Telecommunications and holds a
Master's degree in Corporate Finance and Law from ESADE, Spain, and an
International Diploma with honours in BA from UC Berkeley.
Under Mr. Dieguez's guidance and leadership, PDI Panama has moved from a
Petaquilla service provider to a fully functional independent division
developing its own business portfolio of projects in the mining and
infrastructure sectors in Panama and, as CEO of PDI, he will continue to lead
PDI Panama's expansion in both size and scope of their services.
The recently announced contracts for PDI Panama to construct a bypass road for
Minera Panama, S.A. ("MPSA"), a wholly owned subsidiary of Inmet
Mining Corporation, to provide MPSA with direct access to their copper project
and to sell 1.8 million cubic metres of construction aggregate to a Panamanian
construction company are key components of PDI Panama's strategic action
plan. In this sense, PDI Panama has contracts and agreements with a combined
value of approximately US$72 million.
With its increased capacity from heavy equipment acquired through recently
established leasing facilities with Global Bank and Caterpillar, additional PDI
Panama objectives are:
/T/
-- to provide the Company's gold mining operation with the capacity needed
to increase its daily mining rate to 40,000t as required for the
construction and stock pile of ore for heap leach operations;
-- to extract and deliver construction grade aggregates from the Company's
Molejon gold mine;
-- to mobilize additional resources for the Company's ongoing exploration
projects at its satellite concessions;
-- to expand its operations at the Company's Molejon gold mine beyond its
present pre-stripping activities, tailings constructions and equipment
maintenance; and
-- to advance its Petarcilla clay project, the manufacture and sale of
construction materials, such as high strength construction bricks, with
Molejon as its source for material.
/T/
PDI Panama's business plan represents a series of actions designed to
accelerate its growth and productivity strategies all to increase shareholder
value. With contracts secured and PDI Panama's business expanding, the
Company intends, by the end of the first quarter of Fiscal 2012, to present a
Plan of Arrangement, or some other tax favourable mechanism, to the Toronto
Stock Exchange for approval with subsequent submission to Petaquilla's
shareholders, to spin out PDI. The exchange ratio for the proposed future
spin-out, as previously announced, will be one (1) share of PDI for every four
(4) shares of Petaquilla. Longer term objectives for the second quarter of
Fiscal 2013 include an application by PDI for stock exchange listing.
About Petaquilla Minerals Ltd.
Petaquilla Minerals Ltd. is a gold producer operating its gold processing plant
at its 100% owned Molejon Gold Project in Panama. The Molejon mine site is
located in the south central area of the Company's 100% owned 842 square
kilometre concession lands, a region known historically for gold content.
On behalf of the Board of Directors of
PETAQUILLA MINERALS LTD.
Joao C. Manuel, Chief Executive Officer
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Petaquilla Minerals Ltd.
Joao C. Manuel
Chief Executive Officer
(604) 694-0021 or Toll free: 1-877-694-0021
(604) 694-0063
No stock exchange has approved or disapproved the information contained herein.
INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: COF
-0-
-0- Jun/08/2011 22:00 GMT
remember Molejon is a small portion of a big concession... there are many other locations to start working on yet... plus Iberian when it is approved...
PETAQUILLA MINERALS LTD ("PTQ-T")
- TSX Short Positions on 2011/05/31 1,772,339 -98,061
//st
Net Total Last Total Price
Date Change Shorted Price Volume Range
----------------------------------------------------------------------------
2011/05/31 -98,061 1,772,339 - 2,815,500 0.69 - 0.75
2011/05/15 -542,492 1,870,400 0.76* 8,562,000 0.71 - 0.84
2011/04/30 15,124 2,412,892 - - - - -
2011/04/15 327,834 2,397,768 - 306,700 0.91 - 0.97
2011/03/31 -82,145 2,069,934 0.93 3,436,100 0.87 - 1.02
2011/03/15 58,679 2,152,079 0.85 10,286,200 0.85 - 1.12
2011/02/28 17,642 2,093,400 1.14 4,885,200 1.14 - 1.25
2011/02/15 -242,340 2,075,758 1.27 4,737,300 1.16 - 1.27
* - Indicates that the closing price used is the last non-zero
closing price and is not the closing price on the report date.
//et
Source: TSX
very nice Salvo... I hope your predictions work as usual... will know by the end of this month...
keep up the good work!
We could speculate that but don't really know...
Think the first things on the pipeline are the approval of the Iberian deal (we could hear something about it this month) and the announcement of infrastructure contracts between PDI and Minera Panama (hopefuly this can be soon now that Singapore invested 500 million in Inmet, if not we are gonna have to wait until the impact study is completed around Sep-Oct).
Petaquilla Minerals Ltd. and Platmin Limited Under Current Evaluation
05/27/2011 [ACCESSWIRE]
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I agree... They need to take advantage of the momentum that the SP should have between August and September...