Petaquilla Minerals Ltd. (fka PTQMF)

[carlosc]

Where did you find the address? I looked at the press release in various places and the Imppetrol address was not listed in anything I saw. If you could point me to the release you're looking at I'd appreciate it.

What we know is that the two new board members are Jose Miranda of Imppetrol, the supposed source of this $60MM and Felix Salas of Power Blue, LLC, an "affiliate" of Imppetrol.

If you google around for a minute or two you'll find that Jose Miranda owns several small-time car dealerships under the corporate name Mi Patria Motors. The green hut is next door to Miranda's used car lot. If you zoom in you can see that the address of the lot is 3160.

http://www.corporationwiki.com/Florida/Miami/imppetrol-investment-inc/101097948.aspx

He seems to have another used car lot at 333 NW 79th Street in case you're looking for a deal:

http://www.corporationwiki.com/Florida/Miami/mi-patria-motors-llc/36330554.aspx

As for Power Blue, I can find several legitimate looking addresses for them, locations that are plainly places of business, and from the wiki they look more legitimate than Imppetrol:

http://www.corporationwiki.com/Florida/Pembroke-Pines/power-blue-llc/36008176.aspx

And they have a website, sort of:

http://www.powerblueenter.com/2.html

But look around a bit more and you find that at some point in the recent past they were looking for a line of credit of $1MM:

http://www.tradekey.com/company/Power-Blue-LLC-2183635.html

So I'm left wondering who the hell are these guys and how am I supposed to believe that a used car dealer and a guy who's out panhandling for a million dollars can suddenly come up with sixty million? What's going on here?

I mean, Red Kite, sure, they are a known concern that has a history of funding mining operations. But these guys? Come on. I'd like to see some hard evidence that they have anything close to the money that they say they will invest in Petaquilla.