Petaquilla Minerals Ltd. (fka PTQMF)

[Chileanmafia]

What happened was Martinelli missed all the warning signs and he tried to confuse the issues with Law #8 - the law needed to be changed because Inmet needed the investment of foreign governments which was and is still forbidden under Panamanian Law. Cerro Colorado did not need a change to the law to be developed - the government did a terrible job in socializing the changes - the opposition got organized and supported the Indians from outside of the Comarca to close the road.


The second mistake was he agreed to repeal the law - when he was over the worst of the storm from the protests which saw the PanAmerican Hwy closed for days and his vice-minister was beaten up and gave in to the terrorists. Even Jimmie PapaD had the windows of his car broken when he met with Indians in the little town of San Felix - the site of the protests.

The third mistake he has made is that he is not listening to the majority of Indians in the Comarca especially those who live in the Cerro Colorado project area who want a piece of the project. It is all too simple - give the Indians a piece and all your problems with mining go away.

Now Martinelli is trying to change the election law in the country - which actually requires a change in the constitution - his alliance is in jeopardy and to boot he has a Minister of Tourism who had his visa stripped by the US government...

Yep interesting times in Panama - the opposition throws out banana peals and Martinelli steps on them all the time...