Petaquilla Minerals Ltd. (fka PTQMF)

[acanuck]

I hope I never have to sit thru 7 minutes of torture like that last CC again. How anticlimactic was that?

Buyback?...CRK is another junior with a similar production profile to PTQ. They were trading at $1.40 a year ago much like us.
Their Share price was beaten down to the high 30's recently. They didn't, in my mind have the ability to defend it.
Yesterday the circling vultures landed, in the form of a hedge fund takeover. They are offering 56 cents a share. Is that the real value or are they getting beaten up for allowing their SP to tank?

Could this happen to PTQ? I doubt it,I hope they are smart enough to avoid it.
In my mind PTQ is playing a dangerous game here. They have the share buyback program in place (Why not use it.) The SP is close to a 52 week low???

I realize PTQ has a shareholders rights plan in place to protect them/us from vultures, but I'm not sure if the plan has a a time limit.
I will try to get answers from the IR people soon.

The REAL upside rests in Panama's National Assembly right now.