Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

Sorry about the bad day at work. It will take a while for the "news" in the presentation to work its way into the market. Actually, for me, the most important news was the acceptance of the shareholders rights plan and the continuance of Ernst&Young as auditors.

I had pretty much known, or deduced, the information in the Corporate Presentation. Once they work through all these warrants and post some 'official results' on SEDAR & SEC in January, the SP will move up steadily.

I noted that a lot of shares are now locked up for the LT with institutional holdings of around 105,000,000 million shares. Combine that with the 12% management controls and the float is not very large. If they are able to meet the 'base plan' the SP will take care of itself.

Did you happen to see on the map in the presentation where the new port will be built on the Caribbean Sea? That will bring a huge amount of infrastructure along with it. I have not been able to find out who the long term contract for aggregate has been lodged with, but I bet it is for Inmet roads.

Time to just relax and let things develop. Still planning on Octoberfest in Munich next year compliments of PTQ&PDI!!