Petaquilla Minerals Ltd. (fka PTQMF)

[investor20501]

see current press release


Petaquilla remains committed to engaging in discussions with Inmet and other interested parties to ensure that the value of Petaquilla is maximized. In addition, as part of this strategic review process, Petaquilla will continue to implement its business plan, including the spinout of its infrastructure business to shareholders, the development of its Lomero-Poyatos gold mine in Spain and its previously announced high-yield note offering.


if you read carefully, they are stepping one step back. the whole story was a bluff. Ask yourself about all the shares getting dumped in the market.

-30%, now -20% is the first reaction from the street. more to follow, gap close @ 36 in feew weeks.

THERE IS ONLY ONE WAY and if management is the real deal, there will be an offer with imnet together. but i doubt that they are the real deal. my guess and honest feeling is, that nothing will happen and insiders made a good deal here. just my honey opinion. most of the times i am right. the bad is, i believed in posting like mkiii and petabull. thats costst me 50k dollars today. ;-(

viva petaquilla .