Petaquilla Minerals Ltd. (fka PTQMF)

[carlosc]

Reading Pascall's scolding of Inmet for their deal with Franco-Nevada reminds me that I'd like to better recall the situation between Petaquilla and Inmet. Petaquilla maintains rights to all gold on Inmet's concessions while Inmet maintains rights to all copper on Petaquilla's? Is that correct?

I do know that Petaquilla can mine any concession where the value of gold is greater than the value of copper (Molejon, por ejemplo). And I do know that the precious metals that Inmet sold to Franco-Nevada are a by-product of their copper production. But does Petaquilla technically have the rights to all the gold on all of the concessions?