Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

There are now 10 institutions and 21 mutual funds holding 80% of the OS. There is practically no turnover. The large individual stockholders probably have another 10% to 15% and almost no large blocks are traded so they are also holding. So maybe the float is only five to seven million shares or three to five million dollars of investments.

Any small news good or bad can cause the price to suddenly spiral up or down. The big holders are just patiently waiting for the mine to be developed over the next couple of years having faith in the gold deposit. The little guys are chasing the crumbs all over the floor. For what it is worth...probably one share... that is my view at this time. Could be the company wants to gather the rest of the crumbs very cheaply???